(Arabian Oil and Gas) -- Saudi Arabian Mining Company ⌠Ma'aden and Sahara Petrochemicals have awarded South Korean contractor Daelim the engineering, procurement and construction contract (EPC) for the construction of a caustic soda and ethylene dichloride (EDC) plant, within the Sahara complex in Jubail Industrial City, the company said in a statement published on Tadawul. The project execution will take 34 months. Work commenced on the initial engineering and construction works in March 2010.
The USD 750m project will produce 250 KTa of caustic soda and 300 KTa of ethylene dichloride. The project will be owned on 50/50 basis between the two partners.