Tuesday, November 11, 2008

S. Arabia's Tasnee aims to build naphtha cracker complex if offered stake in Jizan refinery complex

Should Tasnee Petrochemicals (Saudi Arabia) be offered a stake in Jizan refinery complex in Saudi Arabia, the company is considering to establish a 1.5 mln tpa naphtha cracker complex by 2013-14. The Jizan refinery complex, in which eight Saudi Arabian players have expressed interest for acquiring stake, is expected to have 400,000 bbl/day output while producing around 500,000 tpa of benzene and xylenes.

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