Project Management & Development Co. to build Saudi petrochemical complex

Saudi Arabia's Project Management & Development Co. Ltd. (PMD), Al-Jubail Industrial City, plans to construct a $3.5 billion petrochemical complex at Al-Jubai. The primary facility will be an ethane-butane cracker to produce 1.35m tonnes/year of ethylene, along with propylene and benzene feedstocks for downstream petrochemical units within the PMD cracker complex. The plant is planned for start-up in 2008.

Dec. 10, 2003

By OGJ editors

HOUSTON, Dec. 10 -- Saudi Arabia's Project Management & Development Co. Ltd. (PMD), Al-Jubail Industrial City, plans to construct a $3.5 billion petrochemical complex at Al-Jubai, with the primary focus to be an ethane-butane cracker to produce 1.35 million tonnes/year of ethylene, along with propylene and benzene feedstocks for downstream petrochemical units within the PMD cracker complex.

The plant is planned for start-up in 2008. When fully operational, the cracker will produce 2.7 million tonnes/year of marketable products including ethylene, polyethylene, polypropylene, ethylene glycol, bisphenol A, and amine derivatives.

PMD selected Foster Wheeler Ltd. subsidiary Foster Wheeler Energy Ltd., Clinton, NJ, as technical consultant for the project. Foster Wheeler currently is conducting a comprehensive cost estimate for the complex for PMD, which is seeking interest from potential overseas investors.