Shaw & SHARQ JV to set up ethylene plant in Saudi Arabia
27 Aug '05
2 min read
SHARQ, a joint venture equally owned by Saudi Basic Industries Corporation and SPDC Ltd, a Japanese consortium led by the government of Japan and the Mitsubishi group of companies.
Shaw Stone & Webster is an established leader in the world of ethylene technology, having provided technology, design, engineering and/or construction on more than 120 ethylene plants worldwide. Approximately 35 percent of the world's incremental production during the last decade has been based on Shaw Stone & Webster technology.
Ethylene plants using Shaw Stone and Webster technology have established a worldwide reputation for exceptionally high operational reliability, rapid startup and superior performance. Earlier this year, Shaw Stone & Webster completed a 600,000 metric ton-per-year ethylene plant that it engineered and constructed in Nanjing, China for BASF-YPC.
Louisiana based The Shaw Group Inc is a leading global provider of technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services for the energy, chemicals, environmental, infrastructure and emergency response markets.