Punj to set up a 300 ktpa LDPE plant in Saudi

New Delhi, Mar 12 (UNI) Punj Lloyd Ltd (PLL) today said it will build a new 300 kilo tonnes per annum low-density polyethylene (LDPE) plant in Saudi Arabia for Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (SABIC).

The group's member company, Simon Carves Ltd, signed a Letter of Intent (LOI) to build the plant.

The plant, due to start up in the first quarter of 2010, is to be built at Saudi Kayan's petrochemical complex at Al-Jubail Industrial City, KSA, and will incorporate technology from Basell GmbH.

Simon Carves Ltd is a petrochemical major, headquartered in Manchester, UK.

UNI