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LYB Expands Core PP Business with 35% Stake in NATPET from Alujain in Saudi Arabia
LYBLyondellBasell(LYB) Prnewswire·2024-05-30 20:49

NATPET currently has approximately 400,000 tons of annual PP production capacity. LYB will market the majority of the volume of the joint venture's production through its global network. Alujain and LYB are also jointly assessing the construction of a new propylene via propane dehydrogenation (PDH) and PP facility at the NATPET site, subject to a final investment decision. The project is being developed with a shared goal of targeting high-end products, and implementing solutions that align with the Kingdom ...