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Saudi Acrylic Polymer Company (SAPCO) is a mixed limited liability company between SAAC and Evonik with a seventy-five percent (75%) and twenty-five percent (25%) shareholding respectively. By virtue of Sahara’s aggregate 43.16% equity stake in SAAC, Sahara owns an indirect equity stake of 32.37% in SAPCO noting that the capital of SAPCO is SAR 416.4 million. Project Value: USD 373,300,000 Owner: Saudi Acrylic Polymers Company Ownership Type: Private Project Type: Standalone Contractor: Fluor Arabia Limited - EPC Facility Type: Super Absorbent Polymer Plant Capacity: 80000 t/y Super Absorbent Polymers Background: Saudi Acrylic Polymers Company (SAPCo) plans to construct a polymers plant in Jubail industrial city, Saudi Arabia. Saudi Acrylic Monomer Company will supply 64,000 t/y of glacial acrylic acid required to produce super absorbent polymers. Sabic will provide 24,000 t/y of dry caustic soda. Evonik is the technology provider. Scope of Work: Construction of a super absorbent polymer plant with associated facilities.