SPCo starts commercial production

Saudi Polymers Company (SPCo), a joint venture between Chevron Phillips Chemical Company LLC and National Petrochemical Company, has started commercial production. The integrated SPCo petrochemicals complex includes world-class operating units that are capable of producing ethylene (1,220 kmta), propylene (440 kmta), polyethylene (1,100 kmta), polypropylene (400 kmta), polystyrene (200 kmta) and 1-hexene (100 kmta).

In addition to direct sales to serve local Saudi demand, SPCo will manufacture products to serve growing world demand outside the Kingdom of Saudi Arabia through its exclusive distributor, Gulf Polymers Distribution Company, utilising Chevron Phillips Chemical’s global marketing network. SPCo, which began construction in January 2008, has created approximately 950 jobs, with a high percentage being occupied by Saudi nationals. SPCo is a limited liability company incorporated in the Kingdom of Saudi Arabia that is owned 65 percent by Petrochem, a joint-stock company incorporated in Saudi Arabia and 35 percent by Arabian Chevron Phillips Petrochemical Company (ACP), a wholly-owned subsidiary of Chevron Phillips Chemical. www.saudipolymers.com