Saudi Industrial ​Investment Group ​launches commercial operations of Jubail-based plants

31/12/2014 ِArgaam

The Saudi Industrial Investment Group (SIIG) said on Wednesday that it ​has launched commercial operations ​of its Jubail-based plants, according to its statement to Tadawul, Saudi Arabia’s bourse.


The plants— which will be manufacturing internal and small vehicle parts, as well as electric transformers— are part of the Petrochemical Conversion Company Project (PCC) in Jubail, an equally-owned joint venture between SIIG and Chevron Phillips.

The company’s remaining projects, Nylon 6.6 plant and Nylon formation plant, are expected to go on stream in Q1-2015.

In September, SIIG launched commercial operations of its cans and lids plant, as well as its medical supplies and equipment manufacturing factories, according to data compiled by Argaam.

The company also launched the trial phases of its pipes manufacturing plant and polyethylene pipes factory in February and March, respectively.

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