By OGJ editors
HOUSTON, July 16 -- The Jubail and Yanbu-based National Industrial Gases Co., an affiliate of Saudi Basic Industries Corp. (Sabic), Riyadh, has awarded a lump sum, turnkey contract to UK-based Air Products PLC, for engineering, procurement, and construction of an air separation plant in Yanbu Industrial City in Saudi Arabia.
The plant, which will process 800 tonnes/day of oxygen, is slated for completion by mid-2005. Sabic, the Middle East's largest petrochemicals company, will use the oxygen as feedstock for its downstream plants.
Saudi Arabia's government owns 70% of Sabic, with the remaining 30% held by private investors in countries of the Gulf Cooperation Council (GCC).
