Fierce bidding expected for Maaden rolling mill package

05 October 2010

South Korean contractors expected to be submit competitive bids for construction package

The US’ Fluor is expecting bids for the engineering, procurement and construction (EPC) package on the $2.5bn aluminium rolling mill project at Ras al-Zour in Saudi Arabia to be submitted by 5 November.

The companies planning to submit bids for the contract include the South Korean trio of Samsung Engineering, Daelim and Hyundai Heavy Industries (HHI).

“The bids from the [South] Korean contractors are going to be competitive for this particular project,” a contracting source tells MEED. “This is a billion dollar EPC job so no-one will want to lose it.”

Fluor is pushing ahead with an engineering, procurement, construction and management (EPCM) strategy and will execute the projects in a number of packages. The rolling mill is owned by a joint venture of Saudi Arabian Mining Company (Maaden) and US-based Alcoa. Most of the major equipment for the facility has also now been procured (MEED 24:9:10)  

The rolling mill is part of a $10.8bn aluminium complex and will have a capacity of up to 450,000 tonne-a-year (t/y) when completed in the fourth quarter of 2013.

The site will also include a 1.8 million tonne-a-year alumina refinery and a 740,000-t/y aluminium smelter, with a 4 million-t/y bauxite mine being built at Al-Baitha.

Maaden holds a 74.9 per cent stake in the aluminium complex, while Alcoa owns the remaining 25.1 per cent.

 

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