An affiliate of the Saudi Basic Industries Corporation (SABIC), the Saudi Kayan Petrochemical Company (SAUDI KAYAN), today (Saturday, May 31, 2008) entered into US$6 billion financing arrangements (SR 22.5 billion ) for 15 years with a group of banks and financial institutions to finance part of the expenses of building its new (Saudi Kayan) complex in Jubail Industrial City.... [more]

SAUDI KAYAN has awarded Kellogg Brown & Root (KBR) a contract for engineering, procurement and construction of a 1,350,000 tons per annum Olefins Plant. The plant will be erected at the SAUDI KAYAN Cracker complex in the Jubail Industrial City, Kingdom of Saudi Arabia... [more]

The Saudi Kayan Petrochemical Company (under construction) today signed a Letter of Intent (LOI) with Flour Company to construct off-site utilities for KAYAN’s complex in Jubail industrial city in the Kingdom of Saudi Arabia... [more]

Mohamed Al-Mady, Vice Chairman and CEO of Saudi Basic Industries Corporation (SABIC), announced today that SABIC is a strategic partner in the formation of the Saudi Kayan Petrochemical Company. This follows the signing of partnership agreements with Kayan for the establishment of the public stock company... [more]