サウジ                                                 

Kemya
(Jan. 10, 2001 ExxonMobil Chemical )

ExxonMobil Chemical Announces Completion of Kemya Joint Venture Plant Expansion

    ExxonMobil Chemical announced today the successful completion of a US$1 billion expansion at the Al Jubail Petrochemical Company (Kemya) joint venture petrochemical plant in Al Jubail, located on the east coast of Saudi Arabia. This expansion brings the facility's total polyethylene capacity to more than one million metric tons a year.
    "With the successful completion of this two-year expansion project, Kemya has evolved from Saudi Arabia's first polyethylene producer in 1984 to a fully integrated facility producing its own ethylene feedstock," said Michael J. Dolan, ExxonMobil Chemical regional director for Middle East & Africa. "Today, Kemya is one of the largest polyethylene manufacturing sites in the world."
    As part of the expansion, capacity was added to the existing linear low-density polyethylene plant expanding it from 615,000 tons per year to 850,000 metric tons per year. Also, a new 218,000 metric-ton-per-year low-density polyethylene plant was constructed. This plant, Saudi Arabia's first high pressure LDPE plant, is based on ExxonMobil proprietary technology. Finally, a grass-roots 700,000 metric ton olefins steamcracker was successfully brought onstream in late November 2000.
    "The addition of these new plants enhances our ability to meet our customers growing needs worldwide," said Dolan.
    Kemya is one of two 50-50 joint ventures between ExxonMobil Chemical affiliates and Saudi Basic Industries Corporation (SABIC). The other is Yanpet, located in Yanbu, Saudi Arabia.
    "The Kemya expansion is part of a US$5 billion worldwide capital investment program for ExxonMobil Chemical. These investments in the Middle East demonstrate our long-term commitment to a strong, lasting presence in the region," said Dolan.
    ExxonMobil Chemical and its affiliates are among the worlds' largest producers of polyethylene and one of the top three petrochemical companies in the world. With marketing and operations in more than 120 countries around the world, ExxonMobil Chemical and its affiliates are global leaders in technology, product quality and customer service. ExxonMobil Chemical Company is a division of Exxon Mobil Corporation.


Ibn Zahr     http://www.chemicals-technology.com/projects/

AL JUBAIL POLYPROPYLENE PLANT, SAUDI ARABIA
The project is located in Yanpet, near Al Jubail in Saudi Arabia, which has been the focus of significant petrochemical investment in the last five years. The new facility will be next to the Saudi European Petrochemical Company's existing production plant and close to the supplier of its feedstock. The Saudi European Petrochemical Company (also known as Ibn Zahr) is 70% owned by Sabic (Saudi Arabian Basic Industries Company). Arab Petroleum Investment Corporation (APICORP) also owns 10% of the company.

HIGH-QUALITY POLYPROPYLENE
The polypropylene plant that came online in 2000 has a capacity of 260,000t/yr, raising the company's production capacity for polypropylene at the Al Jubail site to over
640,000t/yr. The company claims that it can manufacture about 20 types of high-quality polypropylene using special technology. The new plant will use propylene from Petrokemya's nearby number three propylene plant as feedstock.

PARSONS GIVEN EPC CONTRACT
The engineering, procurement and contracting (EPC) contract was awarded to Parsons in a lump-sum contract worth $200 million. Parsons evaluated various sub-contractors to carry out the work. Binladin was awarded the contract for civil works, beating four other contractors. Marex Technology Ltd of the UK was given the contract for a process and information management system to link the new plant to the existing one.

COMPLEX FINANCING
The project is being financed by a joint loan of $400 million. The company has had difficulty in meeting interest payments on its loans, as a consequence of petrochemical prices falling lower than the company expected. The original loan from a group of 11 local and regional banks will now not be fully paid off until 2004. The banks involved in making the loan are Riyad Bank, Al Bank Al Saudi Al Fransi, National Commercial Bank, The Saudi British Bank, Saudi American Bank, Saudi Hollandi Bank, Gulf International Bank BSC, Bank Al-Jazira, The Saudi Investment Bank, Arab National Bank and Al-Bank Al-Saudi Al-Alami Limited. The rescheduling of loans by the Saudi European Petrochemical company has made it and Sabic less obviously creditworthy. This has had an effect not only on the subsidiary, but also on Sabic itself and its other ventures. Whilst the company can still obtain credit, it tends to be at a higher rate of interest. However, this may also be linked to a perceived reduction in the Saudi government's willingness to give subsidy and other support to the Sabic group in the event of difficulty in repayment.


YANPET   (SABIC March 12, 2000)  

YANPET (Saudi Yanbu Petrochemical Company), a joint venture affiliate of the Saudi Basic Industries Corporation (SABIC), recently began commercial production at its newly commissioned complex that includes an 800,000 metric tons per year (mt/y) ethylene cracker and three world-scale plants to produce ethylene glycol, polyethylene and polypropylene.

The US $2.6 billion expansion project, has made YANPET one of the largest petrochemical complexes in the world, with two ethylene crackers (capacity: 1.6 million mt/y) and production capacity of more than 2 million mt/y. YANPET II has added 420,000 mt/y of ethylene glycol, 535,000 mt/y polyethylene, 260,000 mt/y of polypropylene and 125,000 mt/y of pyrolysis gasoline to the company's production.

Prior to this expansion, YANPET consisted of an 800,000 mt/y ethylene cracker, and derivative products included 350,000 mt/y of ethylene glycol and 610,000 mt/y of polyethylene. YANPET II diversifies its product portfolio into polypropylene and pyrolysis gasoline while more than doubling total production capacity.

The new cracker is using NGL (propane and light naphtha) as feedstock to produce ethylene. The process produces significant quantities of propylene and pyrolysis gasoline. Propylene is converted into polypropylene at the new plant and pyrolysis gasoline is recovered and marketed internationally.

Construction of the project began in 1997 and was completed last year. Trial production began late last year and commercial production began in early 2001. The plants have been operating at 100 percent capacity. Fluor Daniel of Houston, USA, was the managing contractor for the project and the ethylene cracker is using ABB Lummus Crest technology. Other technologies used at the new plants are: polyethylene (Union Carbide), polypropylene (Union Carbide) and ethylene glycol (Scientific Design).

SABIC's Polymers Group President Fahad Al-Sheaibi described YANPET II as an important growth milestone. In terms of growth, the project adds over 1.2 million metric tons to SABIC's total production capacity, simultaneously boosting our ability to serve our Polymers and Intermediates customers. It significantly strengthens SABIC's position in the global markets for polyethylene, polypropylene and ethylene glycol,
he noted.

Al-Sheaibi said YANPET's new capacity was vital in increasing SABIC's total annual production capacity to 35 million metric tons this year, from around 28 million metric tons in 2000. The company is ideally located to serve the high-growth markets in the Middle East and Africa, but part of the production will also be marketed in Pacific Rim countries, he added.

YANPET raised a commercial loan of US$ 2.2 billion from an international consortium of banks to help finance the project.

YANPET was established in 1980 as a joint venture between SABIC and Mobil (now ExxonMobil), and came on stream in 1985. The complex is recognized as a world-class facility in terms of operational efficiency and industrial safety. YANPET currently employs 1660 people, out of which 76 percent are Saudi nationals.


PETROKEMYA   (SABIC March 13 2000)  

PETROKEMYA awards mandate to underwrite US$ 600 m. loan

PETROKEMYA (Arabian Petrochemicals Company), a wholly owned affiliate of the Saudi Basic Industries Corporation (SABIC), has decided to mandate three banks and a leading financial institution to arrange and underwrite a US$600 million term loan. The facility will be partially used to finance the company's ongoing expansion project.

Nasser A. Al-Sayyari, President of SABIC's Basic Chemicals Group, who is the Chairman of PETROKEMYA's Board of Directors, will formally sign the mandate at the SABIC headquarters on Tuesday, March 14. The mandate is being awarded to Riyad Bank, the Arab Petroleum Investments Corporation (APICORP), Arab National Bank and The Industrial Bank of Japan, Ltd.

The loan facility will have a term of up to eight years. Noting that PETROKEMYA's move to seek the loan had generated a high level of market interest, SABIC's Vice Chairman and Managing Director Mohamed H. Al-Mady described its pricing as "fair and competitive". He said the lending community appreciated PETROKEMYA's strength as a SABIC affiliate and its position as a leading manufacturer of petrochemicals and polymers.

The loan money will be used for general corporate purposes including the construction of a new flexible cracker designed to produce
800,000 metric tons per year (Mt/y) of ethylene, 160,000 Mt/y of propylene and 25,000 Mt/y of benzene. In addition, the company has a 50 percent stake in the 500,000 Mt/y styrene plant under construction at another SABIC affiliate, SADAF (Saudi Petrochemical Company). The projects are expected to come on stream this year, boosting PETROKEMYA's total production capacity by about 1 million Mt/y.

PETROKEMYA currently operates an integrated complex of nine plants that produce 1.45 million Mt/y of ethylene, 325,000 Mt/y of propylene, 305,000 Mt/y of benzene, butadiene and butene-l, and 135,000 Mt/y of polystyrene. The company was established in 1981 as a wholly owned SABIC affiliate, and came on stream in 1985.


BASELL IN JOINT VENTURE TO CONSTRUCT NEW PETROCHEMICAL COMPLEX IN SAUDI ARABIA
    http://www.shell-me.com/english/

National Petrochemical Industrialisation Company (NPIC) and Basell Holdings Middle East GmbH (Basell) signed on Wednesday, 14th Rabi Awal 1422 corresponding to 6th June 2001, the joint venture agreement during a reception held in Riyadh under the patronage of H.H. Prince Abdullah Bin Faisal Bin Turki Al-Saud, Assistant to the Minister of defence and Aviation and Inspector General, Chairman of the Economic Offset Committee in the presence of a large number of government officials, diplomats and businessmen from the Kingdom and GCC countries. The name of the joint venture will be Saudi Polyolefins Company.

The new Petrochemical Complex for the production of Polypropylene (PP) from Propane is to be erected in Al-Jubail, Saudi Arabia, in the course of the next two-and-a-half years. Designed for an annual capacity of
450,000 tonnes, this new PP production plant will be operated by the newly formed joint venture, in which Basell Holdings Middle East GmbH (wholly owned by Basell Polyolefins) and the NPIC, a 51% subsidiary of the National Industrialisation Company (NIC), Riyadh, Saudi Arabia, hold 25% and 75% shares respectively.

The formation of Basell Polyolefins came about as the result of a 50-50 joint venture established between the Royal Dutch/Shell Group and BASF under which Montell, Elenac and Targor merged all polyolefins activities in October 2000.

The contractors responsible for the Engineering, Procurement and Construction of the entire Project Complex are ABB Lummus Global, USA and Samsung Engineering Company, South Korea.

The first step of PP production will be the dehydrogenation of propane into propylene; with an annual capacity of 450,000 tonnes. The Catofin Technology from ABB Lummus Global will be used for this part of the complex. Downstream Polypropylene Polymerisation is based on the Novolen Gas Phase Technology to produce 450,000 tonnes of homopolymers and random copolymers of PP. The polypropylene produced will be marketed domestically and internationally by the joint venture partners.

Engineer Mubarak A. Al-Khafrah, Chairman of the Board of "NPIC" stated that NPIC considers this important project as a cornerstone in its strategy to focus on petrochemicals and it is very pleased with its partnership with Basell which is one of the largest and most reputable companies in the world in the Polyolefins business.

Dr. C.A. Linse, Chief Operating Officer, Polypropylene of Basell Polyolefins Company stated that "The investor friendly climate in the Kingdom combined with ample availability of feedstock and the pro-active development of industrial infrastructure by the Royal Commission for Jubail and Yanbu have created and sustained the impressive development of the Saudi petrochemical industry over the last 25 years." He also added "This is Basell's first important step into a major investment in the Kingdom of Saudi Arabia. This event creates a new focus in our long-term business strategy."


March 14th, 1997  U.S.-Arab Tradeline

Montell International and Xenel Industries Limited announced they have signed a joint venture agreement to establish a company to be known as Teldene, which will construct and operate a propane dehydrogeneration plant and polypropylene plant in the country.

The Teldene company's ownership will be split equally between
Montell Arabia and NATPET, a group of Saudi Arabian investors including Xenel Industries Limited. The two plants will be located in the industrial city of Yanbu and the start-up date is planned for the year 2000. The polypropylene produced will be supplied to the local market in Saudi Arabia, to regional markets, as well as to Montell's world-wide marketing networks.

"Montell is pleased to launch this joint venture with Xenel Industries as it reinforces our strategy of establishing strong partnerships outside Europe and North America which combine Montell's leading technology and global marketing capabilities with the local market skills and know-how," stated Graham Dewick, president of Montell International. Montell is an international leader in the production, marketing and sale of polyolefins, advanced materials and related products. The company has manufacturing plants and technical centers in principal markets around the globe

Dr. Ahmed Bukhari, chief operating officer of Xenel Industries United, said: "We are happy to join forces with Montell to establish a world-scale complex in Saudi Arabia. Teldene will be a competitive producer of polypropylene." Bukhari also gave insight into why this joint venture occurred at this time. "The Saudi and regional market is developing very rapidly. Teldene will be able to supply all the customers' needs," he commented. "We are looking forward to the success of the joint venture." Xenel Industries Limited is a multinational company located in Jeddah, Saudi Arabia. Among its many activities is the development of the Energy and Petrochemical industries, both upstream and downstream. It led the first private petrochemical project in Saudi Arabia, SAFRA, a facility that produces aromatic and aliphatic hydrocarbon solvents in Yanbu.


2003-8-12 Asia Chemical Weekly

Stalled Saudi NatPet PP project may be expanded to 420 kt/yr

The capacity of National Petrochemical Industrial Co's (NatPet) stalled polypropylene (PP) project in Yanbu, Saudi Arabia, is likely to be increased to around 420 000 tonne/year from 280 000 tonne/year, according to industry sources.

The increased capacity is in line with that of a planned propane dehydrogenation (PDH) unit at Yanbu which would feed the PP project.

There were unconfirmed reports last week that Lurgi is to take a stake in the PDH project. Lurgi declined to comment as talks are still taking place with
Alujain Corp, the company that is spearheading the project.

Alujain announced last month that Lurgi and UOP had been selected as the respective contractor and licensor.

Alujain said a new company -
National Propylene Co (Alfasel) - would operate the PDH project which would be 16-20% owned by a foreign investor. It declined to say whether Lurgi would be the foreign partner.

Alfasel, to be set up by end-2003, would also be 25-30% owned by Alujain. The rest of the shares would be placed privately with local and regional businessmen.

It also emerged last week that the PDH and PP units would start up in Q3 2006.

The PP project had been due to start up in 1999, but feedstock and demand-growth problems caused it to be shelved. In 2001, new life was breathed into the project when plans for the PDH project were drawn up.

It was anticipated at that time that both projects would come onstream by 2004. The reasons why the 2004 startup date was not met were not made clear.

 


August 13, 2003 Financial Times

Lurgi scoops Saudi contract/ for propylene.

Alujain, Saudi Arabia, is to build a 420,000 tonnes/y polymer grade propylene plant at Yanbu, with start up expected in 3Q 2006. Lurgi has been awarded the contract for the propane dehydrogenation (PDH) plant. It will be run by the National Propylene Co, in which Alujain will hold 25-30%, foreign investors 20% and the rest will be shared among Saudi and other Arab Gulf investors.

The Al-Zamil Group, is considering a PDH plant at Al Jubail to make 450,000 tonnes/y propylene and 250,000 tonnes/y of polypropylene (PP).
Saudi (Poly)Olefins is a joint venture between National Petrochemical Industrialisation and Basell. It is also constructing 450,000 PDH/PP plants at Al Jubail.


Reuters  2001/1/30

Alujain in 1997 signed partnership deals with Ecofuel - part of Italian group ENI - and Finland's Neste Oy to build the MTBE plant on the Red Sea port of Yanbu. Neste Oy merged with power group Imattran Voima in 1998 to form Fortum.

Alujain said its board had also approved the building of a
350,000 tonne per year propane dehydrogenation (PDH) project at the industrial city of Yanbu at a cost of $285 million to produce polymer grade propylene.

Alujain, a private Saudi firm, said state-owned Saudi Aramco would provide the feedstock for the project which is expected to come on stream in 2004.


Chemical Week Apr 03, 2002

Saudi Private-Sector Firm Plans $1-Billion Petchems Complex at Al Jubail

CW has learned that the private-sector Al Zamil Group (Al Khobar, Saudi Arabia) plans to invest more than $1 billion to build a propane-based petrochemical complex at Al Jubail. The company has leased 1.1 million sq meters of land and has secured supplies of propane from Saudi Aramco for the four-plant complex, which it plans to complete by 2005, local sources say.

The first phase will include a
propane dehydrogenation unit, that will supply propylene for a 450,000-m.t./year polypropylene plant. Al Zamil is evaluating ABB Lummus Global; Haliburton KBR; Linde; and Stone & Webster dehydro technologies. Al Zamil plans to add another dehydro unit in a second phase, that will raise propylene capacity by 260,000 m.t./year to feed an acrylonitrile unit with a capacity of 250,000 m.t.-300,000 m.t./year. That unit will feed a 60,000 m.t.-100,000 m.t./year acrylic fibers plant. Al Zamil is separately considering world scale ammonia and carbon black plants at the site.

Chem Systems (London) has recently completed a feasibility study for the complex.
Recent changes in the pricing of liquefied petroleum gas in Saudi Arabia make propane-based industries slightly more attractive than before,says Andrew Spiers, Chem Systemsdirector.That feedstock price incentives coupled with Al Zamils plan for an integrated complex make the investment attractive, Spiers says.

Al Zamil is a partner in Gulf Stabilizers, a joint venture with Great Lakes, which operates an antioxidants plant at Al Jubail; and in Gulf Advanced Chemical Industries, which is building a maleic anhydride and butanediol complex there. It is also a partner in Saudi International Petrochemicals Corp., which is planning methanol, acetic acid, and vinyl acetate monomer plants at Al Jubail.


2002/3/7 Chevron Phillips Chemical

Saudi Chevron Phillips Company Expands Cyclohexane Capacity

Chevron Phillips Chemical Company LLC (CPChem) announced today that Saudi Chevron Phillips Company (SCP) is expanding its
cyclohexane capacity in Al Jubail, Saudi Arabia by 20 million gallons (60,000 MT) to 95 million gallons (280,000 MT) to supply its existing customer base. SCP is owned jointly by CPChem and Saudi Industrial Investment Group.

This new capacity is expected to be operational by the first quarter of 2003. CPChem will continue to market the product that is exported from the region.

The Al Jubail facility, which started up in 2000, uses CPChem
s proprietary Aromax® technology to manufacture benzene and hydrogen, both of which are used in the manufacture of cyclohexane. This plant is one of the lowest-cost cyclohexane and on-purpose benzene producers in the world,said Don Lycette, president of SCP. We have a demonstrated record of safe and efficient operation in Saudi Arabia, and a world-class logistics system that ensures we are a reliable supplier.

This expansion demonstrates CPChems commitment to the Saudi venture and to the cyclohexane business,said Ben Krueger, commercial manager of cumene and cyclohexane for CPChem. With the indefinite closure of a portion of the CPChem Puerto Rico Core facility announced in December, the market needed this capacity. We moved quickly to ensure our customers an additional supply. We are considering near-term, inexpensive capacity de-bottlenecks at our other facilities.

CPChem, along with its affiliates, is the worlds largest producer and marketer of cyclohexane, with four producing plants worldwide with a total supply capacity of approximately 277 million gallons (820 KMT) prior to this announcement.

CPChem is one of the world's largest producers of olefins and polyolefins, and is a leading supplier of aromatics, alpha olefins, styrenics and specialty chemicals. Headquartered in Houston, TX, CPChem has assets of about $6 billion and is owned equally by ChevronTexaco Corporation and Phillips Petroleum Company.


European Chemical News. 15-22 April 2002

SAUDI ARABIA PETROCHEMICALS         release
  Jv plans E1bn boost for Al Jubail site

ChevronPhillips Chemical (CPChem) and Saudi Industrial Investment Group are planning a $1bn expansion of their petrochemicals activities at Al Jubail, Saudi Arabia. Startup for the facilities is set for 2006.

The partners will add capacity for benzene, ethylbenzene, styrene and propylene at the site, with production based on the same paraffinic C6-C7 feedstock used in the existing units. These produce 485 000 tonne/year of benzene, using CPChem's Aromax technology, 220 000 tonne/year of cyclohexane and motor gasoline. The plants started up in 2000.

Cyclohexane is being expanded separately by 60 000 tonne/year. At the time of planning, the partners expected to add paraxylene to the original investment, but this is not included in the new plans.

Output from the new plants will be marketed locally, except for the styrene, which will be exported from the Persian Gulf.

Mike Parker, CPChem's senior vice president for aromatics and styrenics, said the company's strategy 'has been to build worldscale facilities with access to advantaged feedstock and large, growing markets'.

CPChem last June signed with Qatar Petroleum to build a worldscale complex in Ras Laffan, Qatar, based around a 1.2m tonne/year ethane-fed cracker with 750 000 tonne/year of polyethylene (PE). It is building a 500 000 tonne/year cracker with Qatar Petroleum at Messaieed, with PE and hexene-1 units.

Startup of the first cracker is set for late this year, with the second due onstream by 2006. Atofina and Qapco are currently negotiating a stake in the second cracker project.

Also last year, CPChem started a feasibility study into a 500 000 tonne/year styrene plant in Paraguaná, Venezuela, with Pequiven. This study has now been concluded and will be discussed by the partners soon.


2002/4/10 Chevron Phillips

Chevron Phillips Chemical Company LLC, Saudi Industrial Investment Group Plan Major Investment at Al Jubail
http://www.cpchem.com/news/pr/2002/0410.asp

Chevron Phillips Chemical Company LLC (CPChem) and the Saudi Industrial Investment Group (SIIG) are planning a major new investment at their existing aromatics complex in Al Jubail, Kingdom of Saudi Arabia. Start-up is expected in 2006, with total capital investment of approximately 1 billion USD.

New products will include benzene, ethylbenzene, styrene and propylene. The participants expect a majority of the facility
s styrene will be exported from the Arab Gulf region. Other products and co-products will be marketed locally.

Our strategy has been to build world-scale facilities with access to advantaged feedstocks and large, growing markets,said Mike Parker, CPChems senior vice president, Aromatics and Styrenics. This project clearly meets those objectives,adds Suliman Mandeel, managing director of SIIG in Riyadh, Saudi Arabia. This project also will provide important, high-technology jobs for Saudi citizens.

The existing Saudi Chevron Phillips facility, which started up in 2000, currently produces benzene, utilizing CPChems proprietary AromaxR technology, cyclohexane and motor gasoline. CPChem and SIIG recently announced a 60,000 metric ton-per-year (20 million gallons per year) expansion of the cyclohexane unit.

CPChem is one of the world
s top producers of olefins and polyolefins and is a leading supplier of aromatics, alpha olefins, styrenics and specialty chemicals. The company has assets of almost $6 billion and is owned equally by ChevronTexaco Corporation and Phillips Petroleum Company.

Saudi Industrial Investment Group is a consortium of leading Saudi businessmen and several Saudi public joint stock companies focused on industrial investment in the petrochemical industry in Saudi Arabia. The Chairman of the group is Sheikh Abdulaziz Alquraishi. The group was originally founded by the late Sheikh Ahmad Juffali in 1985 as the Saudi Venture Capital Group (SVCG).


2003/2/17 Financial Times

Lummus lands CPChem's Saudi styrene contract.

ABB Lummus Global has won a technology licence and basic engineering contract from Chevron Phillips Chemical and its joint venture partner Saudi Investment Group for a previously announced styrene project at Al Jubail. Capacity will be
750,000 tonnes/y styrene and completion is due in 2007. The plant will form part of a $1 bn complex that will also make ethylene and propylene.


日本経済新聞 2004/7/6

サウジ石化プラント 日揮が受注 700−800億円

 日揮は米化学大手シェブロン・フィリップス・ケミカルがサウジアラビアで計画している石油化学プラントの建設業務を受注した。受注額は700億−800億円。家電や事務機に使うスチレンモノマーを年産70万トン生産できる世界最大級の設備で、2007年の稼働を目指している。
 新プラントはシェブロンとサウジ民間投資会社が折半出資する「
ジュベール・シェブロン・フィリップス」が、同国東部の工業地帯アルジュベールに建設する。日揮はプラント設計、資材調達、建設、試運転を一括受注した。仏エンジニアリング大手テクニップなどと競合していたが、日揮の価格や技術などが総合的に評価された模様で、近く正式契約を結ぶ見通しだ。
 新プラントでは粗製ガソリンを材料にして、家電や事務機器の外枠や食品包装材などに幅広く使われるスチレンモノマーを生産する。スチレンモノマーは中国の需要拡大で世界的に需給がひっ迫している。日揮はスチレンモノマーの原料となるエチレンの生産設備の建設も請け負ったとみられる。
 サウジでは自国の天然資源を原料に使う石化プラントを立ち上げて化学分野で世界の主導権を取ろうとする動きが目立つ。
 住友化学工業とサウジ・アラムコが2008年の稼働を目指して石油精製・石化プラントの建設で合意したほか、サウジ政府系のサウジ基礎産業公社(SABIC)も三菱化学、三菱商事とエチレン生産設備の新設を計画している。欧米の化学大手も同国に進出しており、日揮など日本のエンジニアリング会社の受注競争も激しくなっている。


Chemical Week Apr 24, 2002

Saudi Investors Finalize Plans for n-Paraffins, LAB Complex

Eight private-sector Saudi investors have formed a new company, Gulf Farabi Petrochemicals (Riyadh), to build a previously announced $250-million complex at Al Jubail producing 120,000 m.t./year of n-paraffins and 70,000 m.t./year of linear alkyl benzene (LAB) (CW, March 13, p. 15). Completion is expected in the fourth quarter of 2004. Gulf Farabi will use 55,000 m.t./year of the n-paraffin output to feed the LAB plant; the rest will be exported to Asia. Part of the LAB output will be consumed domestically and the rest exported. Foster Wheeler Energy has been appointed project management contractor.


SABIC 2003/1/8

JUBAIL UNITED PETROCHEMICAL COMPANY COMPLETES US$ 1.154 BILLION LOAN FACILITY

Jubail United Petrochemical Company (UNITED), an affiliate of Saudi Basic Industries Corporation (SABIC), has completed the signing of a SR 4.33 billion (US $1.154 billion) loan facility for construction of its manufacturing plants currently being built at its site in Al-Jubail Industrial City.
The loan was today formally signed by a group of regional and international banks and an additional SR 1.5 billion (US $400 million) is being provided by the Saudi Public Investment Fund.
Riyadh Bank acted as agent for the loan and Gulf International Bank B.S.C acted as independent financial advisor.
UNITED is the 17th and latest SABIC affiliate in Saudi Arabia and is due to start production in the second half of 2004. It will have annual production capacities of 1 million tons of ethylene; 575,000 tons of ethylene glycol and 150,000 tons of linear alpha olefins. The company also has a 50 percent stake in an 800,000 mt/y polyethylene plant being built at the neighboring SABIC affiliate in Jubail, PETROKEMYA (Arabian Petrochemical Company).


2003/3/24 SABIC 

Acquisition of Scientific Design Company, Inc.
Sud-Chemie and SABIC to become new owners of Linde subsidiary

Saudi Basic Industries Corporation (SABIC) and Sud-Chemie AG today announced a joint agreement on the acquisition of Scientific Design Company Inc. from Linde AG. Under this changed ownership, Scientific Design will remain an independent entity and continue to license its processes, provide engineering services and sell catalysts to its clients worldwide. SABIC and Sud-Chemie will manage Scientific Design Company Inc. through a fifty-fifty joint venture.

Scientific Design is based in Little Ferry, New Jersey, US, its major fields of business being catalysts and process-technology for use in the production of major chemicals such as ethylene oxide and maleic anhydride. With more than 70 employees, the company has recorded sales in the double-digit million range in recent years.

Ethylene oxide and maleic anhydride are among the most important chemical intermediates. Ethylene oxide is an intermediate for ethylene glycol, which is in turn required for the production of antifreeze agents, as used for instance in automobiles, and for the production of polyester fibres and plastics such as polyethylene terephtalate (PET). Maleic anhydride used for the production of the unsaturated polyester resins (UPR) and is a preliminary product for butanediol, which serves in the manufacture of plastics such as polybutylene terephthalate (PBT). These plastics are most commonly used and most well known due to their widespread application in the beverage industry for the manufacture of recyclable plastic bottles. The global market demand for ethylene oxide amounts to 15 million tons annually and 1.5 million tons for maleic anhydride.

For Sud-Chemie and SABIC, the acquisition represents a significant strategic milestone, ideally enhancing the core activities of both joint-venture partners. Sud-Chemie, which specialises in the development and production of high-performance catalysts, will be adding extremely attractive market segments to its product portfolio, opening up sales potential of more than $200 million. The joint venture will enable SABIC, a leading producer of chemical and petrochemical products, to strengthen its technological position in one of its key areas of activity.


Scientific Design   http://www.scidesign.com/

Scientific Design Company, Inc. (SD) is one of the world's leading licensors of process technology. SD offers processes for the production of:
Ethylene oxide and ethylene glycols
Maleic anhydride
Ethoxylates
Ethanolamines
Glycol ethers
Polyether polyols
Fumaric acid
Aniline from phenol

 


2003/4/1 Owens Corning 

SABIC to Acquire Owens Cornings Share in StaMax BV: Owens Corning to Continue to be Sole Supplier of Proprietary Glass Fibre

SABIC EuroPetrochemicals announced today that it will acquire Owens Cornings 50 percent share in StaMax BV, a joint venture formed in 1999. This gives SABIC full ownership of this company that produces StaMax® P long glass fibre polypropylene composite material. Under the new arrangement, Owens Corning will be the sole supplier of PerforMax® glass fibre. StaMax BV will use Owens Cornings unique patented process and this proprietary glass fibre to produce and sell material in the European market.

As part of the agreement, SABIC will manufacture StaMax P composite material under license from Owens Corning and will have exclusive production and sales rights of StaMax P for the European market.

In North America, Owens Corning will assume the sole responsibility for the market development and sales of materials based on this technology.

Financial details of the agreement will not be disclosed

Rapid Growth
We are very pleased with the progression our relationship with SABIC in terms of the StaMax business venture,said Dick Lantz, president, Owens Corning Composite Solutions. StaMax P long glass fiber polypropylene material has proven to be an excellent opportunity, creating rapid growth in the semi-structural automotive market. It has always been a part of Owens Cornings overall strategy to work with our partners to provide the necessary resources and technology to grow the overall composites market.Lantz added that this new agreement enables Owens Corning to continue to focus on the creation of new markets and applications for composite materials.

Since formation of StaMax BV in 1999, the business venture has seen a rapid increase in sales with continued significant growth projected for the future.

Excellent Opportunities
SABIC plans to further intensify the marketing of StaMax P long glass fibre polypropylene composite material as a lightweight, cost-effective solution for semi-structural car parts,said Peter van Pul, director of SABICs Automotive Polymers business. We have excellent opportunities to do this, as a result of our solid position as a supplier to the automotive industry. Car designers are choosing StaMax P for a growing number of applications because it is lighter than traditional materials, it has excellent mechanical properties and provides maximum freedom of design.

StaMax® P Long Glass Fibre Polypropylene Composite Material
StaMax P is a lightweight, long glass fibre polypropylene thermoplastic for semi-structural applications that replaces metal and bridges the gap between short-fiber compounds and glass mat thermoplastics (GMT). It was developed by SABIC EuroPetrochemicals (
formerly DSM) in partnership with Owens Corning. The two companies founded StaMax BV in 1999, and set up a production line at DSM Specialty Compoundscompounding plant in Genk (Belgium).
The thermal and mechanical properties of StaMax P composite material
such as high heat deflection temperatures, low thermal expansion and high stiffness, high impact resistance, low creep and high tensile strength make it highly suitable for semi-structural applications in the automotive industry. Applications include front-end modules, dashboard carriers, door modules and under-body shielding. StaMax P long glass fibre polypropylene thermoplastic is widely accepted and increasingly used in these applications throughout the European automotive industry.

SABIC EuroPetrochemicals
SABIC EuroPetrochemicals has a workforce of about 2,300. The company owns two petrochemical sites, one in Geleen (Netherlands) and one in Gelsenkirchen (Germany), where it produces polypropylene, polyethylene and hydrocarbons. It
sells about 2.6 million tons of polymers annually, mainly in Europe. Additional information is available www.sabic-europe.com.

SABIC EuroPetrochemicals is part of SABIC, the Middle East
s largest petrochemicals company, which is based in Riyadh, Saudi Arabia. SABICs business activities have been organized into six Strategic Business Units (SBUs): Basic Chemicals, Intermediates, Polyolefins, PVC & Polyester, Fertilizers and Metals. SABIC has two large industrial sites in Saudi Arabia (Al-Jubail and Yanbu), with sixteen world-scale production complexes. In addition, SABIC has interests in three production complexes in Bahrain. Over the last sixteen years, SABICs overall production capacity has increased considerably. In 2002 it amounted to 40.6 million tons per annum.

Owens Corning
Owens Corning is a world leader in building materials systems and composites solutions. Founded in 1938, the company had sales of $4.9 billion in 2002 and employs approximately 19,000 people worldwide. Additional information is available on Owens Corning
s website at www.owenscorning.com.


ExxonMobil Wins $416.8M Jury Verdict
  Saudi Arabian firm, Sabic, is found liable

        Steve Seidenberg The National Law Journal
        http://www.law.com/jsp/article.jsp?id=1048518217377

抄訳
ExxonMobil はデラウエア最高裁判決でSABICから417百万$の損害賠償を勝ち取った。
SABICがサウジのJV:KEMYAYANPETに対しUnion Carbideからライセンスを受けたPE技術を再ライセンスしたが、その際に再ライセンスでは利益を乗せないというJV契約の規定に反したというもの。JV契約規定によりサウジの法律に基づいて判断された。SABIC側は本件は他の規定に基づくと反論、1980年からの交渉に参加した人の証言を元に陪審員がSABIC敗訴を決めた。
上乗せ額は
184百万$50/50JVのためExxonMobil求償分は半分の92百万$。これにサウジ法による略奪賠償324.8百万$が加えられた。
Sabic側は控訴する。Sabicはもう一つExxonMobilに対して訴訟を起こしている。


ExxonMobil Corp. received the good news after four hours of jury deliberations.

A jury found for the oil giant on every count in its breach-of-contract suit and awarded ExxonMobil $416.8 million in damages. It's the largest verdict in the United States so far this year.

The verdict was handed down on March 21, following a two-week trial in Delaware's Superior Court. The defendant in the case was a Saudi Arabian company, Saudi Basic Industries Corp. (Sabic). The judge applied Saudi law in the case because the two contracts between Sabic and ExxonMobil specified that Saudi law governed these agreements.

Sabic will challenge the verdict through post-trial motions and, if necessary, an appeal to the Delaware Supreme Court, company spokesman Mohammad Al-Motawa said.

Sabic, which is 70 percent owned by the Saudi government, is the biggest petrochemical producer in the Middle East. ExxonMobil, based in Irving, Texas, is the world's largest publicly traded oil company.

The lawsuit concerned the technology used in two ExxonMobil-Sabic joint ventures that make petrochemical products used in antifreeze, textile fibers and plastics. Sabic had purchased this technology from Union Carbide and licensed it to the joint ventures.

ExxonMobil alleged that Sabic padded its license fees for this technology. This overcharging had gone on for approximately 20 years, according to ExxonMobil's co-lead attorney in the suit, James Quinn, who chairs New York-based Weil, Gotshal & Manges' litigation practice.

INTERPRETING AGREEMENTS

The trial centered on the interpretation of the two joint venture agreements. A clause in the contracts, according to ExxonMobil, prevented Sabic from making any profits from licensing third-party technology to the joint venture.

Sabic claimed that this provision was irrelevant. "Our position was that another provision of the joint venture agreements and the technology licenses controlled," said Sabic's lead attorney, Kenneth Adamo, a partner at Jones Day.

The main witnesses in the case were the people who had originally put the deals together back in 1980. They testified as to the parties' intent on what Sabic could charge the joint venture.

"Because the agreements were made in 1980, a lot of the key witnesses on both sides had retired," said David Lender, a partner at Weil Gotshal who was the other lead attorney for ExxonMobil. "Most of the witnesses were in their 70s, a few were in their 80s -- the youngest was 58."

Despite the passage of more than two decades, the witnesses had little trouble remembering the facts concerning the deals, according to Lender. "This was their life," he said. "They spent seven to eight years putting these deals together. They all remembered the basic principles of putting this deal together. And some of the guys who retired in more recent years, their memories were really crisp."

In the end, the trial probably came down to which set of witnesses the jurors found more credible, the lawyers said. And they apparently found ExxonMobil's witnesses to be more believable than Sabic's.

The jury found Sabic had overcharged the joint ventures by $184 million. Since ExxonMobil owned only half of the joint ventures, it was entitled to only half of these damages, $92 million, under a breach-of-contract claim. The remainder of the award, $324.8 million, was based on a claim of usurpation (or wrongful taking). Under Saudi law, Sabic was required to pay this amount under a disgorgement theory -- "based on their getting our money and investing it into their business," said Quinn.

The court took precautions to ensure that the jury wasn't influenced by anti-Arab bias.

"We had the most detailed voir dire in my career," said Quinn. "Each side had 15 pre-empts, which is unheard of. The judge took a lot of time to make sure that issues like [discrimination] were weeded out."

Sabic's lead attorney, Adamo, declined to comment on whether the jury was influenced by anti-Arab sentiment.

The trial was complicated by the need to apply foreign law. It took several days of hearings and four experts in Saudi law in order to determine which Saudi laws applied, according to Quinn. In addition to hearing the litigants' experts, Judge Jan Jurden took the unusual step of appointing her own expert on Saudi law.


2003/3/22 SABIC

SABIC TO APPEAL JURY VERDICT IN DELAWARE SUPERIOR COURT

Saudi Basic Industries Corporation (SABIC) and ExxonMobil are engaged in several United States litigation matters that concern SABICs 50% owned polyethylene joint ventures, KEMYA and YANPET. SABICs partner in these affiliates in ExxonMobil. The joint ventures were formed in 1980.

SABIC filed an action in the New Jersey Federal Court in 1998 on its own behalf, and on behalf of the KEMYA joint venture, seeking to enforce promises relating to patent ownership rights made by Exxon in a Service Agreement with KEMYA. The patent rights at issue concern developments for achieving increased reactor and plant capacity in a gas phase polyethylene plant. No trial date has been set in the New Jersey litigation.

SABIC filed a second action in July 2000 in Delaware State Superior Court concerning an accusation by ExxonMobil that SABIC had overcharged its KEMYA and YANPET joint ventures in connection with separately negotiated license agreements that were executed in 1980.

This case was tied to a jury in Delaware Superior Court and jury returned a verdict awarding ExxonMobil damages in the amount of US$ 416.8 million. SABIC continues to deny any wrong doing in regards to its performance under the relevant agreement, and will seek review of the verdict through post trial procedures, and appeal to the Delaware Supreme Court.


2003-7-18 Asia Chemical Weekly

Samsung Engineering wins Saudi plant deal

Saudi's Arabian Petrochemical Co (PETROKEMYA) has awarded a contract to South Korea's Samsung Engineering to build a butene-1 plant, a statement said on Wednesday, without giving the cost of the project.

The statement from Saudi Basic Industries Corp (SABIC), which owns PETROKEMYA, said the plant would be built at the Saudi industrial city of Jubail with a production capacity of
130,000 tonnes per year.

It is scheduled to come on stream in the first quarter of 2005. PETROKEMYA currently has
two butene-1 plants producing 100,000 tonnes annually.

SABIC, 70 percent owned by the Saudi government, runs 16 petrochemical complexes with international firms, producing around 40 million tonnes of various petrochemical products annually.


Platts 2003/9/16

SABIC Euro revives plan for 550 kt/yr Dutch cracker at Geleen

SABIC EuroPetrochemical, the European arm of Saudi Arabia Basic Industry Corp, has revived plans to build a new-site ethane-based cracker at Geleen, the Netherlands, said CEO Frans Noteborn, Tuesday. The plan was originally put under consideration by DSM before it was bought by SABIC. Addressing press delegates at SABIC's petrochemical complex at Geleen, Noteborn said the proposed cracker would have a production capacity of 550,000 mt/yr and cost an estimated Eur500-mil. Construction would entail adding four new furnaces next to the existing No 4 cracker, as debottlenecking the existing crackers was not a feasible option, other company sources said. The proposal is still subject to board approval, one source said, adding that it hoped to get the go-ahead by end-2003. Pending this approval, the cracker is expected to come on stream by 2007, the source added.


2003/10/1 SABIC

SABIC plans to build second ethylene glycol plant at Jubail United
SABIC aims to become the world's leading supplier of EG by 2006
   http://www.sabic.com/en/press/press_details.asp?id=89

Saudi Basic Industries Corporation (SABIC) today announced plans to construct a new Ethylene Glycol (EG) plant at Jubail United Petrochemical Company (UNITED). This, SABIC's seventh EG plant, will have an annual capacity of 625,000 mt.
The plant is expected to go on stream by the end of 2005, and will be the second EG plant at UNITED, adding to the existing 575,000 mt/y EG plant that is currently under construction.

The plant will use new technology from the US based Scientific Design Company - SABIC and Sud-Chemie manage Scientific Design through a 50:50 joint venture. Ethylene and oxygen feedstock for the new plant will be provided by other SABIC companies - oxygen from its GAS affiliate; and Ethylene from UNITED and PETROKEMYA (the Arabian Petrochemical Company).

The new plant will boost SABIC
s position as a leading global producer of EG, and help enhance the company's competitive reach both worldwide and in the Middle East. By 2006, SABIC's total EG production will reach 3.5 million mt/y - meeting over 20% of global demand. 1.5 million mt will be produced at SHARQ (Eastern Petrochemical Company, Al-Jubail); 1.2 million mt at UNITED (Jubail United Petrochemical Company); 800,000 mt at YANPET (Saudi-Yanbu Petrochemical Company, Yanbu).

Ethylene Glycol is the primary feedstock for polyester manufacturing. It is used in anti-freeze, marine engines, x-rays and luggage.

The contract for construction of the new plant has not yet been awarded. The successful supplier will be announced later this year.

 


Platts 2003/12/9

Saudi Arabia's SABIC to produce PP block copolymer-grades in 2004

Saudi Arabia's SABIC plans to produce polypropylene block-copolymer grades in 2004 in Saudi Arabia, while reducing its homo polypropylene grades production, a source close to the company said Tuesday.
It would be the first time since the late 1980s that the SABIC has produced block copolymers. The relative ratio of block co-polymers to homo-PP production has yet to be decided, but SABIC planned to idle its 640,000 mt/yr Ibn Zahr PP complex in January 2004 to allow for the switch, the source said. The move was in part due to its ethylene expansion at Al-Jubail next year. Block copolymers are made from propylene and ethylene.

SABIC is currently building a 1-mil/yr ethylene cracker at its Jubail United complex. The cracker, scheduled to come on stream in the second half of 2004, is part of an ambitious plan by the producer to increase its downstream polyolefin production substantially .

Other polyolefin projects at Saudi Arabia's Al-Jubail hub, due to come online H2 2004, include a new 800,000 mt/yr polyethylene plant; a 575,000 mt/yr ethylene glycol plant; and a 150,000 mt/yr linear alpha olefin plant.


SABIC 2003/12/22

PRODUCTION CAPACITY INCREASES AT SABIC
SABIC announces 3.15 million mt/y plant increases in Yanbu
  http://www.sabic.com/sabic-www/press_details.asp?id=100

Saudi Basic Industries Corporation (SABIC), has announced the construction of a new plant complex to be located at the Yanbu industrial site, on the Red Sea coast of Saudi Arabia.

The new cracker, which is expected to come on-stream in 2007, will have an annual production capacity of 1.3 million mt. In addition, other new plants will be constructed with capacities of 800,000 mt/y of Polyethylene; 700,000 mt/y of Ethylene Glycol; and 350,000 mt/y of Polypropylene.

The new complex reaffirms SABIC
s commitment to grow its core business, and move closer to achieving its vision of becoming one of the worlds leading global petrochemical companies.

The announcement was made at the SABIC Board meeting held today; chaired by Prince Saud bin Thunayan Al-Saud, SABIC
s Chairman, and President of the Royal Commission for Jubail and Yanbu.

The Board reviewed 2003 activities, and discussed plans and budgets for the coming year. They were pleased with progress in operations, products, marketing, development and technology.

For 2004, the Board has committed to increase capacities; develop SABIC
s contribution to the National Development Programme; and enhance SABICs competitiveness in the global petrochemicals industry.


平成16年1月7日 東洋エンジニアリング

サウジアラビア・SABIC社より2基目の大型EO/EGプラント受注

 東洋エンジニアリング株式会社(TEC、取締役社長 広瀬 俊彦)は、三井物産株式会社の協力を得て、サウジアラビア基礎産業公社(SABIC)が、サウジアラビア東海岸のアルジュベール工業地区にある、ジュベイル・ユナイテッド石油化学会社(Jubail United Petrochemical Company(UNITED)の工業団地に計画を進めている、同社として2基目の、世界最大規模の年産63万トン(EG換算)エチレンオキサイド(EO)・エチレングリコール(EG)製造設備をこのたび受注いたしました。

 本設備の建設は、主にポリエステル繊維の原料であるEO/EGの市場での需要増加に対応するものであり、現在当社が建設しているEO/EGプラントと同じ規模の設備に隣接して建設するものです。今回受注に至ったのは、1基目のEO/EGプラント建設に対する当社のスムーズなプロジェクト遂行への客先の高い信頼と、2000年に完成したサウジ・ヤンブー石油化学会社向け年産50万トンEO/EGプロジェクト成功への評価が大きな要因です。

<受注概要>
■客先:サウジアラビア基礎産業公社(SABIC:Saudi Basic Industries Corporation)
■建設地:アルジュベール(Al-Jubail)工業地区(サウジアラビアの東海岸)
■対象設備:
  年産63万トン(EG換算)エチレンオキサイド(EO)・エチレングリコール(EG)製造設備
■ライセンサー:米国サイエンティフィック・デザイン(Scientific Design)社
■役務内容:設計、機器資材の調達および工事までの一括請負
■プラントの完成:2006年第2四半期を予定

■受注の意義:

1基目のEO/EGプラント建設に携わる当社のスムーズなプロジェクト遂行への客先の高い信頼と、同国ヤンブー石油化学会社向け年産50万トンEO/EGプロジェクト成功への評価が、現在建設中の設備と同じ規模の設備を受注するに至った大きな要因となりました。


JUBAIL CHEVRON PHILLIPS STYRENE AND POLYPROYLENE PLANTS, AL JUBAIL, SAUDI ARABIA
http://www.plastics-technology.com/project_printable.asp?ProjectID=3161

Jubail Chevron Phillips Company (JCP), a joint venture company between Chevron Phillips Chemical Company LLC and Saudi Industrial Investment Group (SIIG), was established in August 2003 specifically to produce styrene and polyproylene. The company is constructing a styrene facility and expanding an adjacent aromatics plant at Al Jubail.
Saudi Chevron Phillips Company, another joint venture of SIIG and Arabian Chevron Phillips Petrochemical Company Limited, owns the existing aromatics plant. Construction of the JCP facility will be in conjunction with an expansion of SCP's benzene plant, together called "the JCP Project".

The commercial start-up of the plant, which has an initial capacity of 715,000t styrene, 140,000t propylene and 300,000t gasoline, is expected to start in the second half of 2007. The facility, set for completion in 2007, will produce polymers for a range of products including electronic parts, tyres and construction materials.

PROJECT MAKEUP

Both companies predict strong growth for styrene, and have thus set up a joint venture project to examine the potential for constructing a new facility in Middle East.

The Saudi Arabian General Investment Authority (SAGIA) granted a license to JCP to go ahead with the project that involves the production of benzene, ethyl benzene, propylene and styrene. The project will cost over $1.2 billion, including the expansion of the group's existing plant in Jubail. Financing for the estimated $1.2 billion joint venture project will be provided through capital contributions from the co-venturers and loans from commercial banks and Saudi government agencies. Saudi Arabia's Public Investment Fund (PIF) has agreed to provide SR1.35 billion ($360 million) loan to the facility. JCP signed the commercial financing agreements with SAMBA Financial Group, Riyad Bank, Arab National Bank, Banque Saudi Fransi, Saudi Hollandi Bank and the Saudi Investment Bank.

The engineering, and procurement contract for the new styrene facility has been awarded to JGC Corporation and the construction contract to JGC Arabia Ltd. This is the first contract awarded to JGC by Jubail Chevron Phillips Company. JGC was selected on the basis of it project execution capabilities and due to its record of successful completions of large-scale petrochemical projects in the Middle East. JGC has a strong background in lump-sum turnkey operations of both hydrocarbon and non-hydrocarbon related projects with annual sales of approximately $3 billion. JCP has chosen ABB Lummus to supply the technology for the styrene and ethyl benzene units. When completed, the styrene plant will include feed fractionation, an olefins cracker, ethylbenzene and styrene monomer process units, and associated utilities and infrastructure.

ABB Lummus has been awarded a technology license and basic engineering contract by JCP for a grassroots styrene monomer (SM) plant to be built in Al Jubail, Saudi Arabia. The unit will employ the CDTECHR catalytic distillation process for the production of ethylbenzene (EB) and the Lummus/UOP "Classic" dehydrogenation process for the manufacture of SM. The "Classic" SM process features a deep vacuum EB dehydrogenation reaction system, and it offers significant capital and operating cost advantages. CDTECH EBR provides a unique reactor system for dilute ethylene feedstock.

The US Parsons Engineering Corporation has been selected to carry out the front-end engineering and design (FEED) for the Al Jubail Styrene and Polyproylene facility. Parsons provides technical and management solutions to federal, regional and local government agencies as well as private industries worldwide.

The plant will process gas supplied by Saudi Aramco. Saudi Aramco the world leader in crude oil production, Saudi Aramco also owns and operates an extensive network of refining and distribution facilities, and is responsible for the gas processing and transportation installations that fuel Saudi Arabia's industrial sector.

Worldwide demand for styrene is increasing, particularly in Asia. The marketing activities for production from the new plants will be shared. Jubail Chevron Phillips Company will operate the new facilities and market the products in the Arab Gulf Region, while a Chevron Phillips Chemical Company LLC subsidiary will market the remaining export volumes worldwide.