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(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.
mrcplast.com
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