Advanced Petrochemical and SK Gas Co. will develop a $1.8 billion or SAR 6.75 billion propane dehydrogenation (PDH) and polypropylene (PP) complex in Jubail, Saudi Arabia. The project to be built at the Jubail industry city will have a capacity to produce propylene and PP of 750,000 tonnes each per annum.

This project is expected to produce value added PP grades to manufacture PP compounds for the automotive industry as well as other specialized grades that are currently being imported into the Kingdom of Saudi Arabia. A memorandum of understanding (MoU) on the project was signed between Advanced Global Investment Co (AGIC), a subsidiary of Advanced Petrochemical, and SK Gas, which is a subsidiary of South Korea s SK Group.