JGC awarded EPC contract for Saudi Polymers Co

JGC and its JGC Arabia (Al-Khobar, Saudi Arabia) subsidiary have been awarded an engineering, procurement, and construction contract to build a previously announced olefins plant for Saudi Polymers Co. (SPC) at Al Jubail, Saudi Arabia. The complex will have capacity to produce 1.2 mln tpa of ethylene, 200,000 tpa of propylene, and 100,000 tpa of hexene-1. It is due onstream in early 2011. SPC is a newly created limited liability company currently owned 50% by Arabian Chevron Phillips Petrochemical Co. (ACP), a wholly owned subsidiary of Chevron Phillips Chemical (CPChem), and 50% by Saudi Industrial Investment Group (SIIG). SPC will eventually be owned 35% by ACP and 65% by National Petrochemical Co. (Petrochem), a new joint stock company incorporated in Saudi Arabia. The SPC olefins plant will use the Lummus technology. About 40,000 tpa of the ethylene it produces will be redirected to a metathesis unit, also based on Lummus technology, to produce propylene. It is the first time that JGC has teamed up with Lummus in an olefins project.
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