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Sipchem Houston complex to produce 1.3 mtpa of ethylene & propylene

20 Nov '06
3 min read

Mr. Ahmad Al-Ohali, Executive President of Sipchem added that Sipchem plans to establish a joint stock company to execute this giant project in line with directives of relevant departments in the Ministry of Petroleum and Minerals to engage maximum number of Saudi citizens in these projects.

As Project Management Contractor, Worley Parsons will undertake the overall management of the project and detailed feasibility as well as other design work.

Ever since its inception in late 1999, Sipchem has been making phenomenal progress in every aspect of its business. The Phase-I of its development witnessed a successful completion and operation of two world scale methanol and butanediol plants that are currently producing at their maximum capacity.

As part of Phase-II of development, construction of acetic acid, vinyl acetate monomer, and carbon monoxide plants has already started in the second half of 2006. These plants will start production late 2008 with a total capacity of 1.15 million mtpa.

With the launch of the ambitious phase-III olefins & derivatives complex, Sipchem aims to be one of the largest private, fully integrated petrochemical complexes in the Middle East.

Sipchem, with a current total capital of SR 1.5 billion, actively invests in petrochemical, chemical and hydrocarbon industries, both basic and intermediate. The third quarter of this year had witnessed a major landmark in the history of Sipchem when the company went public and listed in Saudi Stock market.

Saudi International Petrochemical Company

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