Project Profile
Value: $800 Million
Capacity: 200,000 tons Ethylene Vinyl Acetate (EVA) and Low Density Poly Ethylene (LDPE)
Start-up year: 2013
The new plant to be located in Jubail Industrial City is planned with an annual production capacity of 200,000 tons of Ethylene Vinyl Acetate (EVA) and Low Density Poly Ethylene (LDPE).
The total cost of the project is estimated at approximately US$800m.
Commercial production began at the EVA/LDPE plant on March 30 2015 and test production at the PBT plant on April 21.
Operators/developers:
International Polymers Company (Saudi International Petrochemical Company – SIPCHEM)
Hanwha
Contractors:
ExxonMobil: Technology provider
GS Engineering & Construction Company: EPC
POSCO Engineering: Wire and cable polymers compounding plant
WorleyParsons: PMC