Gulf Oil and Gas accountACCOUNT

SABIC Affiliate (YANSAB) Signs a LOI for the Engineering & Construction of Butene & Aromatics

Source: www.gulfoilandgas.com 4/19/2006, Location: Middle East

SABIC affiliate Yanbu National Petrochemical Company (YANSAB), signed a Letter of Intent (LOI) with Shaw Stone & Webster Inc. for the design, supply and construction of a Butene Plant with a designed annual capacity of 135K metric tons of Butene and 250K (mtpa) of benzene, toluene and xylene mixtures at YANSAB complex, in Yanbu, Saudi Arabia.

Mohamed Al-Mady, SABIC Vice Chairman & CEO said, “This LOI completes the contractual process for all of YANSAB’s plants which are expected to go on-stream by 2008, with an annual capacity exceeding 4 million (mtpa). This includes 1.3 million (mtpa) of Ethylene; 400,000 (mtpa) of Propylene; 900,000 of polyethylene, 770,000 (mtpa) of Ethylene Glycol; 500,000 (mtpa) and 400,000 (mtpa) of Polypropylene alongside Butane, Benzene, Xylene and Toluene mixtures.

He further pointed out that the complex will utilize SABIC and Sud Chemie 50:50 owned Scientific Design Ethylene Glycol (EG) technology as well as Butene-1 cutting-edge technology developed by SABIC in cooperation with the French Petrol Institute. This is in addition to totally new hi-tech facilities for the production of High Density Polyethylene (HDPE), comprising the latest state-of-the-art manufacturing process to meet customer tailored requirements. This technology is being introduced for the first time in SABIC plants in parallel with a new technology for the extraction and conversion of pure aromatic compound to benzene.

SABIC owns 55% of YANSAB shares. SABIC partners in its IBN RUSHD affiliate own a further 10% with the remaining 35% being owned by Saudi citizens.

Butene News in Saudi Arabia >>

Saudi Arabia >>  4/15/2019 - The Saudi Arabian Oil Company (Saudi Aramco) and Hyundai Heavy Industries Holdings today announced that they have reached an agreement for Saudi Aramc...
Qatar >>  4/12/2019 - McDermott International, Inc. (MDR) announced a large* contract award from Qatargas for engineering, procurement, construction and installation (EPCI)...

Saudi Arabia >>  4/5/2019 - McDermott International has signed a Joint Venture Agreement with Zamil Offshore to target the Maintenance, Modifications and Operations (MMO) market ...
Saudi Arabia >>  4/1/2019 - Subsea 7 has announced the award of two contracts from Saudi Aramco for Conventional projects in shallow water offshore Saudi Arabia. ...

Saudi Arabia >>  3/21/2019 - McDermott International, Inc. has been awarded a substantial* contract award from a Middle East customer for engineering, procurement, construction an...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

Oil & Gas Projects in Saudi Arabia >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.