Prior Investments

National Petrochemical Industrial Company (NATPET)

National Petrochemical Industrial Company (NATPET)

Founded by Xenel in 2009, NATPET is a polypropylene manufacturing complex in Yanbu Industrial City, KSA, with a production capacity of 400,000 tons per year. 

The plant produces a wide range of polypropylene products including homopolymers, Radom and Heterophasic copolymers suitable for a wide variety of applications.

NATPET is powered by the state-of-the-art Spheripol® process to produce polypropylene from LyondellBasell, a leader in polypropylene technology as well as the UOP technology to produce propylene from its propane dehydrogenation plant.

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National Petrochemical Industrial Company (NATPET)