Toyo won the engineering, procurement and construction (EPC) contract to build the 700,000-tonne-a-year (t/y) EG unit against competition from Germany’s Linde
and South Korea’s Samsung Engineering Company
. The decision was widely anticipated after Linde and Samsung won a joint order by the local Tasnee Petrochemicals
to build an ethane/propane cracker a week earlier, increasing both companies’ workload significantly. The project, which is worth an estimated $400 million, is due for completion by 2008 (MEED 15:7:05).
The next units to be awarded under the YanSab programme will be for polypropylene (PP) and linear low-density polyethylene (LLDPE). The contenders for the EPC contract covering the construction of the 400,000-t/y LLDPE unit and the 350,000-t/y PP unit are understood to be Oslo-based Aker Kvaerner
and Linde. A high-density polyethylene (HDPE) unit, for which Uhde
is carrying out front-end engineering and design (FEED) works, is due go to tender in the second half of the year.
in May won the EPC-cum-technology supply contract to build the project’s ethane/propane cracker (MEED 13:5:05).
US-based Fluor Corporation
will carry out the $650 million-700 million offsites and utilities package on the development, while US-based Foster Wheeler
is the project management consultant (PMC) on the project. ABN Amro
with Saudi Hollandi Bank
is the financial adviser.