Middle East Economic Survey

VOL. XLVIII

No 11

14-March-2005

SAUDI ARABIA

SABIC Plans Third European Naphtha Cracker

SABIC is planning to construct a third European naphtha cracker in Geleen, Netherlands to complement its two existing plants: NAK 3 which was built at the beginning of the 1970s and NAK 4, built in 1979. The new 550,000 tons/year cracker would boost annual production, standing at around 1.2mn t/y, by almost 50%, SABIC said in a 7 March statement. The ongoing development process of our...