Riyadh - Mubasher: Farabi Petrochemicals Company has inaugurated its fourth integrated Linear Alkyl Benzene (LAB) plant in Saudi Arabia, with a $950 million investment, according to a press release.
Located in Yanbu Industrial City, the world’s largest integrated LAB producer adds 120,000 metric tons per year of LAB capacity. The plant is adjacent to Saudi Aramco’s refineries, as it leverages locally produced kerosene and benzene feedstocks, ensuring high efficiency and sustainability.
The new facility marks a significant milestone in Farabi’s growth journey, contributing to Saudi Arabia’s Vision 2030 objectives of downstream diversification, localization, and GDP growth.
Mohammed Al Wadaey, Group CEO of Farabi Petrochemicals, commented: “Farabi Petrochemicals is proud to be the world’s largest producer of LAB and NP which is the result of consistent growth, product diversification, advanced industrial infrastructure and dedication of our talented employees.”
“We actively support Vision 2030 driving economic diversification , creating job opportunities , contributing to Saudi Arabia’s position as a global industrial hub, while maintaining a positive impact in the environment,” he added.
