◂ Announcements

Jan 17, 2024EXPANSIONJubail, Saudi Arabia, Saudi Arabia

Tasnee selects SGC eTEC for $500 million ethylene expansion in Jubail

Tasnee (National Industrialization Company) selected South Korean contractor SGC eTEC to expand ethylene capacity at its SEPC joint venture in Jubail, Saudi Arabia. The $500 million project is expected to start in Q1 2024 and complete in H1 2026, increasing ethylene capacity by about 18%.

Value

$500.0M

Starts operating

Q1 2026

Status

Announced

Productsethylene

CompaniesTasnee LyondellBasell partner SGC-eTEC supplier

Sectors#Specialty Chemicals #Plastics and Polymers

“The contract is worth an estimated USD 500 mn.”pieweb.plasteurope.com

1 source
pieweb.plasteurope.comTASNEE – Plastics Information EuropePIEJan 17, 2024

Summarized from public sources; check the original articles before acting on it.

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