Arcelor Mittal plant to produce 500,000 tonnes a year of seamless steel
Switzerland-based ABB has won a contract to provide electrical and automation equipment for a planned seamless steel tube mill and pipe production plant in Jubail in Saudi Arabia.
The SR2.5bn ($750m) steel project is a joint venture of Luxembourg-based Arcelor Mittal and the local Bin Jarallah Group.
ABB will supply electrical infrastructure and equipment, including a 115kV substation. Under the contract, the company will also provide an automation system to manage orders and storage issues at the plant, schedule production runs, and report on production quality.
The plant will have a capacity of 500,000 tonnes a year of seamless steel.
Arcelor Mittal holds a 51 per cent stake in the project, with Bin Jarallah holding the remaining 49 per cent.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.