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IBN ZAHR Awards Contract for 500,000 TPA Polypropylene Project

Source: www.gulfoilandgas.com 6/27/2006, Location: Middle East

Saudi European Petrochemical Company (IBN ZAHR) has awarded Samsung Engineering Company Ltd., South Korea, a contract for the construction of 500,000 tons per annum Polypropylene Plant. The plant will be erected at the IBN ZAHR complex in Al-Jubail, Saudi Arabia. The plant is planned to be completed by 3RD quarter 2008. This is the third Polypropylene plant being built at IBN ZAHR.

The Letter of Intent signifying the contract award was signed at SABIC Engineering & Project Management office on behalf of IBN ZAHR by Mr. Omar Abdullah Al-Amoudi, IBN ZAHR President; and on behalf of the Samsung group by Mr. H.P. Kong, Vice President for Marketing & Business Development (Samsung Engineering Company), and Mr. J. S. Jeong, Managing Director (Samsung Saudi Arabia), in the presence of Mr. Mansour Al-Kharboush, SABIC Shared Services Vice President

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