Saudi Arabia has recently announced various petrochem projects to meet rapidly growing demand, especially in China and India. The kingdom can definitely leverage its position in the global petrochem scenario due to cheap availability of feedstock and proximity to emerging markets.
Linde has been awarded the contract for supply and construction of two large polyethylene plants in Al Jubail, the hub of petrochemical development in Saudi Arabia. The project was commissioned by a consortium led by Saudi Basic Industrial Corp. (SABIC) including investors from Japan. The order value is approximately Euro 500 million. The plants to be constructed turnkey by Linde's group company Linde KCA-Dresden GmbH, will have an annual production capacity of 800,000 tons of polyethylene and are scheduled to start operation in H1-2008. Thus far, Linde has primarily been a supplier of tonnage oxygen plants to SABIC. This award, as well as the Linear Alpha Olefines (LAO) project already under construction at Al Jubail, demonstrates the ability of Linde to compete against its Asian peers in the region
01-Aug-05 
