Global EPC services provider in energy and infrastructure domains - Punj Lloyd Limited (PLL), through its member company Simon Carves Ltd. has signed a Letter of Intent (LOI) to build a new 300,000 tpa LDPE plant in Saudi Arabia for the Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (SABIC). The Letter of Intent is on the basis of a fixed price for Contractor's services and a conversion to a lump sum Engineering, Procurement, Construction (EPC) price, once detailed engineering is sufficiently defined.
The plant is to be built at Saudi Kayan's petrochemical complex at Al-Jubail Industrial City, KSA, and will incorporate technology from Basell GmbH. Plant start up is estimated for Q1-2010.
14-Mar-07 
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