Saudi Kayan Petrochemical Co 2023 AR2
The report highlights Saudi Kayan Petrochemical Company's operational and financial performance for the fiscal year 2023, emphasizing its commitment to safety, reliability, and sustainability. Despite facing global economic challenges and high butane costs, the company successfully implemented a major turnaround in the first quarter of 2023 and introduced eight new polymer and polyethylene grades. In sustainability, Saudi Kayan reduced its absolute greenhouse gas emissions (Scopes 1 and 2) to 5.0 million metric tons of CO2 and progressed with its Carbon Capture, Utilization, and Storage unit planned for completion by 2027. Additionally, the company achieved 17 global certifications and continued to invest in employee development through programs like JADEER and the Kayan Maintenance Academy.
Company: Saudi Kayan Petrochemical Co
Sector: Manufacturing
Country: Saudi Arabia
Year: 2023
Type: AR2
Pages: 44
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Saudi Kayan Petrochemical Co
Annual Report
The report highlights Saudi Kayan Petrochemical Company's operational and financial performance for the fiscal year 2023, emphasizing its commitment to safety, reliability, and sustainability. Despite facing global economic challenges and high butane costs, the company successfully implemented a major turnaround in the first quarter of 2023 and introduced eight new polymer and polyethylene grades. In sustainability, Saudi Kayan reduced its absolute greenhouse gas emissions (Scopes 1 and 2) to 5.0 million metric tons of CO2 and progressed with its Carbon Capture, Utilization, and Storage unit planned for completion by 2027. Additionally, the company achieved 17 global certifications and continued to invest in employee development through programs like JADEER and the Kayan Maintenance Academy.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Net Zero Target
Employees