Samsung Lands Contract for Saudi Metathesis Plant

Samsung Engineering has won an estimated $100-million contract to build a methathesis unit to produce propylene at Al Jubail, Saudi Arabia. Saudi European Petrochemical Co. (Ibn Zahr), a Sabic affiliate, selected Samsung to build the plant, which will form part of a previously announced propylene and polypropylene (PP) complex. The PP unit will have capacity for 500,000 m.t./year, and will almost double Ibn Zahr’s PP production when the complex is completed in late 2008. The metathesis unit will use ABB Lummus Global technology, and be the first metathesis...

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