# Pan-Asia launches $1.04B PET and PTA plant in Jazan, Saudi Arabia

Pan-Asia PET Resin (Guangzhou) Co. launched a basic and manufacturing industries plant in Jazan, Saudi Arabia, at a total cost of SAR 3.9 billion (about $1.04 billion). The plant will produce PET and PTA for packaging and fabric industries, with exports planned to Africa and Europe.

- Type: New facility
- Announced: 2019-01-30
- Where: Jazan, Saudi Arabia, Saudi Arabia
- Value: $1.04B (3.90B SAR)
- Status: announced
- Products: PET, PTA
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Pan-Asia PET Resin (Guangzhou) Co.](https://endata.com/companies/25211.md)

## Sources

- [argaam.com](https://www.argaam.com/en/article/articledetail/id/592095), 2019-01-30: "Pan-Asia PET Resin (Guangzhou) Co., one of the leading polyethylene terephthalate bottle suppliers in China, launched its basic and manufacturing industries plant in Jazan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.