South Korean contractor to build caustic soda and ethylene dichloride plant
Saudi Arabia’s Sahara Petrochemicals Company and the Saudi Arabian Mining Company (Maaden) has awarded South Korea’s Daelim a $750m contract to build a caustic soda and ethylene dichloride plant.
The contract covers the engineering, procurement and construction (EPC) and the facility will be built at the SPC complex located at Jubail in the Eastern Province.
The construction period is expected to be completed by the end of 2012 and the project will be partly funded with a loan from the Saudi Industrial Development Fund. It is hoped the plant will create around 200 jobs when completed.
When completed, the plant will have a capacity 250,000 tonnes a year (t/y) of high-grade sodium hydroxide and 300,000-t/y of ethylene dichloride. Germany’s Uhde is supplying the technology.
The project is a 50:50 joint venture between SPC and Maaden.
You might also like...
AD Ports secures Angola port concession agreement
25 April 2024
Abu Dhabi makes major construction investments
25 April 2024
Saudi Arabia seeks K9 PPP project interest
25 April 2024
Kuwait reviews 1.1GW solar prequalifications
25 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.