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Saudi Kayan succeeded in obtaining an increase in the allocation of ethane gas

21/01/2021

As a result of Saudi Kayan efforts and initiatives through the strategic transformation, SK succeeded to obtain the approval of the MOE to increase the allocation of Ethane by (30) MMSCAF per Day.

Saudi Kayan execute its 2024 vision under direction and follow up of  Saudi Kayan Board of Directors to utilize the most of its assets and resources, optimizing the cost and restructuring loans, which contributes to boost SK competitiveness in petrochemical industries.

SK executive management working with government authorities and SABIC divisions to achieve Saudi Kayan 2024 vision.

In this regard, the Chairman of the Board of Directors of Saudi Kayan, Eng. Omar Al-Amoudi, appreciate the efforts and the support of SABIC CEO Mr. Yousef Al-Bunyan for the effective and influential role to obtain this increment, which contributes to the company's transformation to drive sustainable profitability and fulfilled its obligations towards funders, shareholders and legislators.