The Saudi private enterprise Al-Babtain Arabian Co. is planning to set up a new petrochemical plant in Jubail to produce formaldehyde at the cost of SAR 60 million. Khaled al-Babtain, the company president, said that a feasibility study has established the plant’s viability. He also said the new project is intended to produce formaldehyde and some of its derivatives, such as UF-85, melamine and urea formaldehyde compound, melamine and urea resin, glazing powder and paraformaldehyde. The plant’s initial manufacturing capacity would be 80,000 tons of formaldehyde a year, rising gradually to a designed capacity of 100,000 tons, he said.
Looking for more projects or tenders? Subscribe to our Project Preview Newsletter
