Samsung Engineering president & CEO SUNGAN CHOI and Jubail United Petrochemical Company’s president Abdullah Al Shamrani hand shaking at the signing contract ceremony.
SEOUL, SOUTH KOREA: Samsung Engineering has been awarded a contract from Sabic’s manufacturing affiliate, Jubail United Petrochemical Company (United), for a $ 700 million ethylene oxide–ethylene glycol (EO/EG) plant in Saudi Arabia, to produce 700,000 MTPA MEG.
The project will be executed in Jubail Industrial City located in the east of Saudi Arabia, 100 km north of Dammam, construction completion expected in 2020.
Samsung Engineering is one of top EG plant builders globally, with previous delivering 16 plants in total. Samsung benefits from the track record and experience of delivering 27 projects to Saudi Arabia, 22 to SABIC related companies including United.
Further, during the last 10 years, Samsung Engineering built EG plants around the globe such as in countries like USA, Malaysia, Thailand and India.
“We are eager to provide the finest plant for Saudi Arabia. Further was stated: “With JUPC’s trust and our proven track record in EO/EG plants and Saudi Arabia we will provide the best services possible and looking forward to work with United with many further years to come,” said a Samsung Engineering spokesperson.
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