JGC and Daelim Land Big Saudi Petchem Contracts

JGC and its JGC Arabia (Al-Khobar, Saudi Arabia) subsidiary have been awarded an engineering, procurement, and construction contract to build a previously announced olefins plant for Saudi Polymers Co. (SPC) at Al Jubail, Saudi Arabia. The complex will have capacity to produce 1.2 million m.t./year of ethylene, 200,000 m.t./year of propylene, and 100,000 m.t./year of hexene-1. It is due onstream in early 2011. SPC is a newly created limited liability company currently owned 50% by Arabian Chevron Phillips Petrochemical Co. (ACP), a wholly owned subsidiary of...

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