# INEOS to invest $2B in three plants in Saudi Arabia

INEOS has signed a Memorandum of Understanding with Saudi Aramco and Total to build three new plants as part of the Jubail 2 complex in Saudi Arabia: a 425,000 tonne acrylonitrile plant, a 400,000 tonne LinearAlphaOlefin plant, and a PolyAlphaOlefin plant. The plants are expected to start up in 2025.

- Type: Investment
- Announced: 2019-03-06
- Where: Jubail 2 complex, Saudi Arabia, Saudi Arabia
- Value: $2.00B
- Starts operating: 2025
- Status: announced
- Capacity: 425,000 tonnes acrylonitrile per year; 400,000 tonnes LAO per year
- Products: acrylonitrile, LinearAlphaOlefin, PolyAlphaOlefin
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [INEOS](https://endata.com/companies/9807.md)
- [Saudi Aramco](https://endata.com/companies/304.md) (partner)
- [Total](https://endata.com/companies/406.md) (partner)

## Sources

- [euro-petrole.com](https://www.euro-petrole.com/ineos-to-invest-dollars-2bn-in-saudi-arabia-n-i-18843), 2019-03-06: "This is a major milestone for INEOS that marks our first investment in the Middle East."

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