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Markets :: Specialty Chemicals :: Paints and Coatings

Linde and Samsung Engineering in  Saudi Acrylic Acid Plant Deal

2:17 AM MDT | October 18, 2010 | Natasha Alperowicz

Saudi Acrylic Monomer Co., (Jubail, Saudi Arabia) has appointed Linde Engineering and Samsung Engineering to act as the engineering, procurement and construction consortium to build a previously announced 250,000 m.t./year acrylic acid and esters complex at Jubail. Saudi Acrylic Monomer is a joint venture in which Tasnee Sahara Olefins has 75% and Rohm and Haas, owned by Dow Chemical, has the rest. Tasnee Sahara Olefins is a jv between Tasnee, Sahara, and LyondellBasell. The acrylic acid complex is expected to cost SR4 billion ($1.07 billion), way above the...

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