RIYADH: SABIC started trial startup at United Ethylene Glycol Plant (3), announced back in December 2017, according to a bourse filing.
The estimated annual production capacity is 700,000 metric tons of monoethylene glycol (MEG), the company said in statement on Saudi Stock Exchange (Tadawul).
The financial impact will be reflected after the initial startup activities and the start of commercial operation.
SABIC awarded in 2017 the engineering design, procurement and construction contract for the Ethylene Glycol Plant (3) to the Korean company Samsung. The plant is located within the complex of its subsidiary Jubail United Petrochemicals.