Advanced Polyolefins Industry signs $191.3M EPC contracts for IPA plant in Jubail

Advanced Polyolefins Industry Company, a subsidiary of Advanced Petrochemical Company, signed EPC contracts worth $191.3 million with SGC eTEC Co., Ltd. and SGC Arabia Co. Ltd. to build an isopropanol plant in Jubail Industrial City, Saudi Arabia. The plant will have a capacity of 70,000 tons per annum and is expected to start commercial operations by Q4 2026.

“The financial impact is expected after the commencement of commercial operations expected by Q4 2026.”sahmcapital.com

• 2 sources
• sahmcapital.comBRIEF-Advanced Petrochemical Says Advanced Polyolefins Industry Signs $191.3 Mln EPC ContractsFeb 18, 2024
• english.mubasher.infoADVANCED PETROCHEMICAL COMPANY ANNOUNCES THE SIGNING OF ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACTS BY ADVANCED POLYOLEFINS INDUSTRY COMPANY FOR THE CONSTRUCTION OF AN ISOPROPANOL PLANT IN JUBAIL INDUSTRIAL CITY, KINGDOM OF SAUDI ARABIA - Mubasher InfoFeb 18, 2024

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