Alujain Corporation JSC (Saudi Arabia)

Alujain Corporation is a publicly traded company that specializes in developing energy petrochemicals, mining, and metals projects in Saudi Arabia and globally. It offers business consulting services to small businesses, assisting them with writing business plans and strategic transformation. Alujain Corporation is focused on creating solutions essential to a better, safer, and healthier life while creating sustainable shareholder value. The company has announced the receipt of feedstock allocation approval from the Ministry of Energy for the construction of a propane gas processing plant, a plant for the production of polypropylene, and a complex for the production of polypropylene compounds and other specialty materials in the Kingdom of Saudi Arabia. The new project, upon its completion, will produce more than 600,000 tons of polypropylene, polypropylene compounds, and specialized construction materials from Polypropylene derivatives, in addition to about 25,000 tons of salable hydrogen annually. Alujain Corporation has also entered into a strategic partnership with a global partner in the propylene and polypropylene industry to transfer required technologies and know-how capabilities for the new project, including the establishment of an R&D center for specialty products.