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Jubail Petrochemicals Complex Project
This project will be located neat to Jubail Refinery in Jubail, Saudi Arabia. The project is about Engineering, Procurement and Construction (EPC) contract to build a petrochemicals complex. Client has signed an agreement with French oil giant to develop the complex. Jubail Industrial City is a planned, integrated conglomerate of primary industries, secondary and support industries, infrastructure systems, and a housing community. Other locations on the site were designated for primary industries and for a full range of secondary and support industries. The complex was a major part of the downstream investment planned for Saudi Arabia's east coast. It produces ethylene, ethyl-benzene, styrene, ethylene dichloride, chlorine, caustic soda, and crude industrial ethanol. It depends, in large part, on feed streams from the gas-gathering project done. The complex, in turn, would provide some of the output to feed Al Jubail Petrochemical. A memorandum of understanding (MoU) has been signed by both companies for the project, which will represent an investment of $5bn (SAR18.75bn). Front-end engineering and design (FEED) work is due to commence in Q3, 2018. The complex will be an integrated, downstream part of the SATORP refinery, which is a joint venture (62.5%) and (37.5%). The complex will comprise a mixed-feed steam cracker, with a capacity of 1.36 million tonnes (1.5 million tons) per year of ethylene and related petrochemical units. The cracker will feed other petrochemical and specialty chemical plants, thus representing an additional $4bn (SAR15bn) worth of investment by third-party investors. In addition to the $9bn (SAR33.75bn) invested in total, up to 8,000 direct and indirect jobs will be created through the complex, which is expected to produce 2.45 million tonnes (2.7 million tons) of chemicals. Both the joint venture MoU was signed during a visit to Paris.
