‎Sipchem completes Al-Waha plant expansion

‎Sipchem completes Al-Waha plant expansion ‎Sipchem completes Al-Waha plant expansion

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Sipchem said the project is expected to start contributing to results by Q4 2026.

Sahara International Petrochemical Co. (Sipchem) announced the safe completion of theexpansion project at Al-Waha Petrochemicals Co.’s propylene and polypropylene plants, which will increase production capacity by more than 30%.

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In a statement to Tadawul, Sipchem said total production capacity following the expansion will reach 537,000 tons of propylene and 600,000 tons of polypropylene annually.

The project is expected to start contributing to the company’s financial results in the fourth quarter of 2026, with no changes to previously announced project costs, it added.

According to Argaam data, Sipchem awarded engineering, procurement, and construction (EPC) contracts worth SAR 634 million ($169 million) in August 2024 to expand Al-Waha’s propylene and polypropylene plants.

The expansion adds 72,000 tons of propylene and 150,000 tons of polypropylene to annual production capacity.

 

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Sipchem said the project is expected to start contributing to results by Q4 2026.

Sahara International Petrochemical Co. (Sipchem) announced the safe completion of theexpansion project at Al-Waha Petrochemicals Co.’s propylene and polypropylene plants, which will increase production capacity by more than 30%.

In a statement to Tadawul, Sipchem said total production capacity following the expansion will reach 537,000 tons of propylene and 600,000 tons of polypropylene annually.

The project is expected to start contributing to the company’s financial results in the fourth quarter of 2026, with no changes to previously announced project costs, it added.

According to Argaam data, Sipchem awarded engineering, procurement, and construction (EPC) contracts worth SAR 634 million ($169 million) in August 2024 to expand Al-Waha’s propylene and polypropylene plants.

The expansion adds 72,000 tons of propylene and 150,000 tons of polypropylene to annual production capacity.

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