SEPC was established in May 2006 as a limited liability joint venture company between TSOC and LyondellBasell with a 75% and 25% shareholding, respectively.  By virtue of Sahara’s 32.55% equity stake in TSOC, Sahara owns an indirect equity stake of 24.41% in SEPC.  The share capital of SEPC is SAR2,737.5 million.

SEPC was formed to develop, finance, construct, commission, own, manage and operate a petrochemical complex for the production of 284,800 tonnes per annum of propylene and 1,008,000 tones per annum of ethylene, approximately 80% of which will be used as the primary feedstock for the production of approximately 800,000 tonnes per annum of high and low density polyethylene.  The SEPC Plant is located in Jubail Industrial City in the eastern region of Saudi Arabia and commenced operations in June 2009.

High density polyethylene is a thermoplastic that is used to produce suitcases, automotive fuel tanks, pipes and tubes, insulating sleeves, bottles, lids and toys etc.

Low density polyethylene is used to produce packaging films, trash and grocery bags, agricultural greenhouse, wire and cable insulations, squeeze bottles, toys and house wares. 

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