Ibn Rushd was established in February, 1993 as a limited liability company and thereafter converted to a joint stock company in December, 1995. SABIC, promoter of the project, owns about 49% of the shares of the company and remaining shared among several companies in the region.
The complex is located in Yanbu Industrial city and it consists of 3 integrated plants, namely:
Ibn Rushd produces different types of aromatic products. Paraxylene and Benzene are the two basic products. In addition, there is a possibility of producing other series such as Ortho-xylene and the Meta-xylene. The liquidated petroleum gas is used as a primary feedstock in a process that depends on a modern technology called Cyclar.
In this phase the Purified Terephthalic Acid (PTA) is manufactured from Paraxylene and Acetic acid.
Polyester staples are produced by the reaction of PTA with the ethylene glycol through several production lines giving way to producing different types of polyester that include:
- Staple fiber for textiles
- Filament yarn
- Carpet fiber
- Bottle grade resin