# 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.

- Type: Contract
- Announced: 2024-02-18
- Where: Jubail Industrial City, Saudi Arabia
- Value: $191.3M
- Status: announced
- Capacity: 70,000 tons per annum
- Products: isopropanol (IPA)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Advanced Polyolefins Industry Company](https://endata.com/companies/75696.md)
- [Advanced Petrochemical](https://endata.com/companies/28467.md) (investor)
- [SGC-eTEC](https://endata.com/companies/74661.md) (supplier)
- [SGC Arabia Co. Ltd.](https://endata.com/companies/75697.md) (supplier)

## Sources

- [sahmcapital.com](https://www.sahmcapital.com/news/content/brief-advanced-petrochemical-says-advanced-polyolefins-industry-signs-1913-mln-epc-contracts-2024-02-18), 2024-02-18: "The financial impact is expected after the commencement of commercial operations expected by Q4 2026."
- [english.mubasher.info](https://english.mubasher.info/news/4248677/ADVANCED-PETROCHEMICAL-COMPANY-ANNOUNCES-THE-SIGNING-OF-ENGINEERING-PROCUREMENT-AND-CONSTRUCTION-CONTRACTS-BY-ADVANCED-POLYOLEFINS-INDUSTRY-COMPANY-FOR-THE-CONSTRUCTION-OF-AN-ISOPROPANOL-PLANT-IN-JUB/news), 2024-02-18: "The IPA Plant is considered to be the first of its kind and specialized in the Kingdom of Saudi Arabia and the Middle East to produce Isopropanol."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.