Parsons E&C, part of Australia's WorleyParsons, has been selected to carry out the front-end engineering and design (FEED) package for the 1.2 million-tonne-a-year (t/y) ethane cracker on the $3,000 million new petrochemicals complex planned by the local/US National ChevronPhillips Company (NCP) at Jubail. The cracker will be the centrepiece of the complex, which will produce ethylene, hexane-1, propylene, polypropylene (PP), polyethylene (PE), polystyrene and styrene (MEED 15:4:05).
In April, the US' ChevronPhillips Chemical Company (CPC)was granted a licence by the Saudi Arabian General Investment Authority (SAGIA) to set up the new joint venture company to handle the project. NCP is a 50:50 joint venture of Saudi Industrial Investment Group (SIIG) and Arabian ChevronPhillips Petrochemical Company, a subsidiary of CPC. The new project is CPC's third in Jubail, where it is already involved in two 50:50 joint ventures with SIIG and a group of local investors. The existing projects are Saudi ChevronPhillips (SCP) and Jubail ChevronPhillips (JCP). SCP, which is on stream, produces 550,000 t/y of benzene, 280,000 t/y of cyclohexane and 370,000 t/y of motor gasoline (mogas). Japan's JGC Corporationis building the $1,200 million JCP complex.
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