Three contractors looking to be award plant at Jubail in Eastern Province
- Clarification meetings have taken place
- Contractors submitted original tenders in November 2014
Saudi Basic Industries Corporation (Sabic) is expected to make a decision regarding the contract award of its planned acrylonitrile plant at Jubail in the Eastern Province of the kingdom by July.
MEED reported in April that clarification meetings had taken place with the three remaining bidders looking to win the engineering, procurement and construction (EPC) contract. Commercial and technical submissions were made in early November, but new prices were submitted in late January. Since then, there has been no indication of either a frontrunner or any lowest bidder.
The budget is expected to be in excess of $500m and could be as high as $800m.
- The three contractors are:
- Daelim Industrial (South Korea)
- Samsung Engineering (South Korea)
- Tecnicas Reunidas (Spain)
Sabic is developing the scheme with its joint venture Technology Partners Japans Mitsubishi and Asahi Kasei. Daelim Industrial has carried out the front-end engineering and design (feed) phase of the project.
The scope of work includes the construction of a 200,000 tonne-a-year (t/y) acrylonitrile plant alongside a 40,000 t/y sodium cyanide facility, and utilities and offsites.
Acrylonitrile is used as a binding agent to form products such as synthetic rubbers and polyamides. Sodium cyanide is a product used primarily in gold mining, as well as to extract other precious metals.
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
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.