| Petrochemicals - Completed |
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Location |
Jubail Industrial City - Saudi Arabia |
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Investment |
600,000,000 USD |
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Announced |
6/5/2005 |
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Completion |
6/15/2008 |
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Scope |
Saudi Methanol Company (AR RAZI) is the joint venture of SABIC and Japanese consortium headed by Mitsubishi Gas Chemical Co. which was established in 1979 to make chemical grade methanol in Al-Jubail.
In February 1983, AR-RAZI started with the stage I Methanol plant (MGC process, 640,000 tons annual production) as the first plant in a series of petrochemical projects in the Al-jubail in Saudi Arabia. This was followed with stage 2 (annual production of 720,000 tons, 1992), Stage 3 (850,000 tons, 1997), and Stage 4 (850,000 tons, 1999). As of June 2005, total annual production reached 3.3 million tons.
The Saudi Methanol Company (AR-RAZI) is part-way through its fifth expansion project, AR-RAZI-5, due to go on stream in 2008 offering an annual capacity of 1.7 million metric tons of methanol. With the completion of AR-RAZI 5 annual production will reach 4.7 million tons, making it the largest methanol producing complex in the world. |
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Owners and Shareholders
Project Developers
Engineering & Consulting
Contractors
Product Vendors
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