Al-Zamil has granted companies extra time to prepare their EPC proposals for the 20,000-tonne-a-year (t/y) carbon black plant, with bids now due to be submitted in early May. The estimated $50 million-60 million project is scheduled to come on stream in late 2005.
The US' Jacobs Engineeringcarried out the front-end engineering and design (FEED) package for the plant, whose output is an additive used to manufacture black rubber products.
Three international companies are negotiating to become a partner in Al-Zamil's PP plant, which will have capacity of 450,000 t/y. Industry sources say a deal with one of the consortia is expected to be concluded by mid-2003. It is understood that the successful consortium will comprise a technology supplier and a product offtaker, with an EPC contractor to be appointed through a separate tender later this year.
Al-Zamil is also studying the feasibility of setting up an ammonia plant in Jubail. In addition, the group is a leading investor in several other petrochemical projects, including a world-scale petrochemical complex in Jubail being developed by Saudi International Petrochemical Company. It is also involved in Saudi Indo Petrochemical Company, which is developing a linear alkyl benzene (LAB) plant in Yanbu.
Al-Zamil has two smaller petrochemical interests in Jubail - Arabian Alkali Company (Soda)and Gulf Stabilisers Company.
You might also like...
PIF entity makes $1bn Lucid placement
29 March 2024
Petro Rabigh awards KBR maintenance contract
29 March 2024
Diriyah Company seeks firms for demolition package
29 March 2024
Consultant appointed for Ellington Views RAK project
29 March 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.