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Advanced Petrochemical awards $191M EPC contract to SGC eTEC for isopropanol plant · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Feb 18, 2024CONTRACTJubail Industrial City, Saudi Arabia

Advanced Petrochemical awards $191M EPC contract to SGC eTEC for isopropanol plant

Advanced Polyolefins Company, a subsidiary of Advanced Petrochemical Company, awarded South Korean contractor SGC eTEC Company a $191.25 million EPC contract to build a 70,000 t/y isopropanol plant in Jubail Industrial City, Saudi Arabia. The project is expected to be commissioned in Q4 2026.

Value

$191.3M

Status

Announced

Capacity

70,000 tonnes per year

Productsisopropanol

CompaniesAdvanced Petrochemical partner Advanced Polyolefins Co. customer SGC-eTEC supplier SGC Arabia Co. Ltd. partner Thyssenkrupp Uhde Engineering Services partner

Sectors#Specialty Chemicals

“The value of the EPC contract is $191.25m, Saudi Exchange-listed Advanced said in a filing on 18 February.”guest.meed.com

1 source
guest.meed.comMeed | Korean contractor wins Saudi chemicals plant contractIndrajit SenFeb 19, 2024

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

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