The Yanbu National Petrochemical Company (YANSAB) held its first shareholders’ general assembly on March 22. Mutalq Al-Morished, YANSAB Chairman, reviewed the developments in the SABIC affiliate. He said it was 90% ready and is expected to go on-stream before the end of 2008.



Abdul Rahman S. Al-Faqeeh, President of YANSAB, addressed the safety, environmental, quality, training and manpower issues of the affiliate. He said it was prepared to operate the production units as soon as they are ready for hand-over.



During a tour of the company, Al-Faqeeh briefed the shareholders on the progress in engineering, equipment delivery and construction and said work in these areas was nearing completion. They were further briefed on engineering designs, manufacturing processes and the main control rooms as well as their role in operations and maintenance. They lauded the efforts being made to get this mega project accomplished.