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Sipchem awards EPC contract of Ethyl Acetate plant

January 11/2011

(Arabian Oil and Gas) -- Saudi International Petrochemical Company (Sipchem) has awarded a contract for the engineering, design and construction of its Ethyl Acetate plant to eTEC Engineering & Construction Company, Korea under a lump sum turnkey (LSTK) basis, the company said in a statement published on the Saudi stock exchange (Tadawul).


The plant will produce Ethyl Acetate (EA) and Butyl Acetate (BA) with an annual production capacity of 100,000 tonnes per year in its industrial complex in Jubail Industrial City. This plant comes as part of Sipchems growth in the downstream products sector, in full integration with its current products portfolio.


The Ethyl Acetate Plant is expected to satisfy all local needs in addition to meeting the demand of the international markets for EA and BA. The plant will be wholly owned by Sipchem.


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