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Sahara Co & Maaden Sign EPC Agreement with Daelim

Source: www.gulfoilandgas.com 5/21/2011, Location: Middle East

Further to the previous statement published in Tadawul website on 08th May 2011, Sahara Petrochemicals Company announced that the engineering, procurement and engineering (EPC) agreement has been signed between Sahara Petrochemicals Company and Saudi Arabian Mining Company (Maaden) from a side and Daelim from the other, to initiate the caustic soda and ethylene dichloride project that will be constructed in Sahara PCC complex in Jubail Industrial City, this agreement has started from the Early Work Agreement (EWA) for 34 months announced back in March 07, 2010. This investment is expected to cost $ (750) Million funded through bank loans & a loan from Saudi Industrial Development Fund.

Engineer Esam Fouad Himdy, Managing Director of Sahara announced that the caustic soda and ethylene dichloride (CA-EDC) project is a 50-50 joint-venture between Sahara PCC and Saudi Arabian Mining Company (Maaden) using German UHDE technology. The completion of the project will be in the fourth quarter of 2012.

Engineer Saleh Mohammed Bahamdan, Executive President of Sahara PCC also said that the production capacity of the project will be 250K tons of high grade sodium hydroxide and 300K tons of ethylene dichloride per year. The project will provide approximately 200 job opportunities but will increase accordingly with the gradual expansion of the company's projects.

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Related Categories: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Soda Ash  Sodium Hypochloride  Water Treating 

Related Articles: Abrasives  Agents, Anti-foaming  Caustic soda  Chemicals  Chlorine Liquid  Corrosion Inhibiting  Fertilizers  Fluids/Chemicals  General  Industrial & Laboratory  Industrial gas, Hydrogen  Industrial gas, Nitrogen  Industrial gas, Oxygen  Sodium Hypochloride  Water Treating 


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