Addar Chemicals Company, a leading conglomerate in Saudi Arabia, has awarded a $35-million engineering, procurement and construction (EPC) contract to Indian group Nuberg Engineering for a chemical plant in Jubail.
The turnkey contract for Addar’s Greenfield Sulfolane and speciality chemical plant is a major win for Nuberg.
The entire project is worth $60 million all-inclusive.
The turnkey project was bagged against several global competitive bids by major international EPC contractors originating from countries like India, Saudi Arabia, Korea and Europe, says a press release received here.
The scope of the chemical plant project includes residual engineering, procurement, supply, construction, fabrication and commissioning.
The project is augmented by Larsen & Toubro (L&T), one of India’s largest conglomerate, is the detail engineering partner of the chemical plant.
The technology and basic engineering partner of the project is GTC Technologies, another giant of the industry originating from US.
Addar, one of the leading conglomerate firms in Saudi Arabia, was formed as an independent entity by Ibrahim bin Salamah, ex-managing director and vice chairman of Saudi Basic Industries Corporation (SABIC).
The facility, located in Jubail Industrial City, will manufacture Sulfolane and other specialty chemical products for downstream and petrochemical/oil and energy industry.
The chemical plant will supply to the local Saudi market as well as the wider Middle East,Africa (MEA) and Gulf Cooperation Council (GCC) region. Also, it may cater to markets having similar critical needs, includingEastern Europe, India, China and South East Asia.
© 2024 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement.