en.Wedoany.com Reported - Recently, Saudi Arabia's National Industrialization Company (Tasnee) announced the completion of its ethylene expansion project, located in Jubail Industrial City in eastern Saudi Arabia, with a total investment of $500 million.

The project achieved a significant increase in ethylene production capacity through technical upgrades and debottlenecking of the existing cracking unit. Ethylene is one of the most basic raw materials in the petrochemical industry chain and is widely used in the production of downstream chemicals such as polyethylene, ethylene glycol, and PVC.

As a major comprehensive industrial group in Saudi Arabia, Tasnee's business covers basic chemicals, advanced materials, and plastics. The expansion of ethylene capacity will directly strengthen its competitive position in the Saudi petrochemical and plastics industry chain.

From a macro perspective of the Saudi petrochemical industry, Saudi Arabia is one of the world's largest ethylene producers, with abundant ethane feedstock advantages. The combined cracking capacity of leading companies such as Saudi Aramco and SABIC exceeds 20 million tons per year. Tasnee's expansion comes at a time when the Saudi government is advancing its non-oil economic development strategy, further strengthening the integrity and export capacity of the domestic petrochemical industry chain.

Specific new capacity figures were not disclosed in detail in the original text. In its announcement, Tasnee stated that the project has completed trial runs and performance tests, with the unit operating stably. The project team overcame multiple technical challenges during construction and commissioning, including equipment modifications and process optimization without halting production. The completion of this expansion project marks a milestone achievement in Tasnee's major capital expenditure plan for 2026.