SABIC, through its 100% subsidiary, Petrokemya, has awarded to Técnicas Reunidas (TR) an EPC contract to build a grassroots 140KTA Acrylonitrile Butadiene Styrene (ABS) Plant located in AI-Jubail, Kingdom of Saudi Arabia. The plant will be an addition to the Petrokemya Complex, and will utilize Emulsion ABS technology licensed from SABIC Innovative Plastics. The project awarded to TR includes the Chemical Storage unit, Polybutadiene Latex (PBL) unit, High Rubber Graft (HRG) unit, Styrene Acrylonitrile (SAN) unit, Compounding unit, Utilities, Packaging unit, Acrylonitrile Unloading, Storage and Pipeline Facility, PK-East Supply of Feedstocks and Utilities.
TR will carry out all the detailed engineering, the procurement and supply of the equipment and materials, the construction of the plant and the pre commissioning. The plant will be completed in 2014. The contract awarded has an approximate value of 400 million dollars. With the award of TR´s twelfth contract in the demanding Saudi market, in which TR has been working continuously since 2003, TR demonstrates the confidence gained by world-class customers. TR is also very pleased to continue its ongoing relationship with SABIC, of which TR is currently collaborating in several projects.
SABIC (Saudi Basic Industries Corporation) is a diversified company, active in Chemicals, Polymers, Performance Chemicals, Fertilizers, Metals and Innovative Plastics and is one of the the world’s five largest petrochemicals manufacturers.
SABIC is a market leader in key products such as ethylene, ethylene glycol, methanol, MTBE and polyethylene. SABIC operates in more than 40 countries across the world and has 60 world-class manufacturing and compounding plants in locations across the Middle East, Asia, Europe and the Americas. Its headquarters are in Riyadh, the capital of Saudi Arabia.
TR is one of the leading international engineering and construction companies for oil and gas production, refining and petrochemicals and power generation projects for a broad spectrum of customers throughout the world.