Sabic lets EPC contracts for Yansab plants

Dec. 9, 2005
Saudi Arabia's Saudi Basic Industries Corp. (Sabic), Riyadh, has awarded a contract to Technip Italy of Rome for the engineering, procurement, and construction (EPC) of an ethylene and propylene plant at its Yansab complex at Saudi Arabia's Yanbu Industrial City.

By OGJ editors
HOUSTON, Dec. 9 -- Saudi Arabia's Saudi Basic Industries Corp. (Sabic), Riyadh, has awarded a contract to Technip Italy of Rome for the engineering, procurement, and construction (EPC) of an ethylene and propylene plant at its Yansab complex at Saudi Arabia's Yanbu Industrial City.

When completed, the Yansap Red Sea complex will produce 1.3 million tonnes/year of ethylene and 400,000 tonnes/year of propylene. Production is scheduled to start in 2008.

Sabic also awarded Toyo Engineering Corp. of Japan an EPC contract for a 700,000-tonne/year ethylene glycol plant at the site (OGJ Online, July 20, 2005).

Yansab will be one of the world's largest petrochemical industrial complexes, with a total capacity of more than 4 million tonnes/year of various products, including 900,000 tonnes/year of polyethylene, 400,000 tonnes/year of polypropylene, 250,000 tonnes/year of benzene, xylene, and toluene, and 100,000 tonnes/year of butene-1 and butene-2.

Yansab is owned 55% by Sabic and 10% by its affiliates Ibn Rush and Tayf (17 Saudi and Persian Gulf companies). Sabic plans to offer the remaining 35% for public subscription.