The initial storage capacities of these tanks haven’t been decided yet, but it is expected to reach 20,000 tonnes during the three or four months.

SABIC is the biggest MEG producer in the world with production capacity exceeding 5.345 million metric tonnes per annum, through 10 production units located in Al Jubail industrial city and in Yanbu.

Through this move, the Saudi giant aims to improve the delivery of its products to the end users and reduce the delay in deliveries, especially as the company is about to increase its MEG exports to China in the next few weeks.

SABIC has recently started up two MEG plants, the first one the Yanbu National Petrochemicals Company (Yansab) while the second is from Eastern Petrochemicals Company (Sharq).