サウジ
Kemya
(Jan. 10, 2001 ExxonMobil Chemical )
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 (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 Systems’ director.That
feedstock price incentives coupled with Al Zamil’s 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 CPChem’s 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 world’s 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 siteChevronPhillips 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.aspChevron 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, CPChem’s 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 CPChem’s 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.
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。
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).
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 Corning’s 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 Corning’s 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 Corning’s 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 Corning’s 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 SABIC’s 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 Compounds’ compounding
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. SABIC’s 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, SABIC’s 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:KEMYAとYANPET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.
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 SABIC’s 50% owned polyethylene joint ventures, KEMYA and YANPET. SABIC’s 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.
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 world’s 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 SABIC’s competitiveness in the
global petrochemicals industry.
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.