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Jacobs was awarded EPCM contract for work on a world-scale project at Jubail Industrial City

November 09/2011

(ICIS) -- Jacobs has been awarded an engineering, procurement and construction management (EPCM) contract package by Sadara Chemical for work on a world-scale project at Jubail Industrial City in Saudi Arabia , it said on Tuesday. Officials at the US-based petrochemicals engineering company did not disclose the financial terms of the agreement.

Under the terms of the contact, Jacobs will provide front-end engineering design (FEED) and detailed engineering services, in addition to procurement, inspection and delivery of equipment and bulk materials, as well as the overall construction management, "for the Chemicals 1 Envelope of Sadara Chemical," it said.

Saudi Aramco and Dow had announced their respective board authorisations to form Sadara on 25 July, following a project feasibility study and front-end engineering and design (FEED) effort, which began in 2007. The complex is expected to produce polyurethanes (isocyanates, polyether polyols), propylene oxide (PO), propylene glycol (PG), elastomers, linear low density polyethylene (LLDPE), low density polyethylene (LDPE), glycol ethers and amines.

Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.

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