A consortium of Tecnimont and Orascom Construction has been awarded a lump sum turn-key Engineering, Procurement and Construction contract for a Nitric Acid and Ammonium Nitrate plant by KIMA, Egyptian Chemical Industries Co. The contract value to the consortium is approximately $300 million, of which about $220 million pertaining to Tecnimont. The finalization of the […]
Petrochemicals
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Chevron JV secures engineering contract for Rabigh complex
Chevron Lummus Global (CLG) announced a recent contract award from Saudi Arabia’s TAQAT Development Co for a new 75,000 tonnes per annum (TPA) graphite complex in Rabigh, Saudi Arabia. Under the agreement, Chevron Lummus Global will provide pilot plant testing, licensing, basic design, and additional engineering and operations support. The feedstock will be supplied by […]
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The only chemistry that matters for a sustainable future
If you are reading this article on your mobile phone, there is a good chance its casing is made from a material manufactured by SABIC, as is your computer screen. Perhaps your hand is resting on a mouse, which historically was made from virgin plastic, but thanks to us, is now manufactured from ocean-bound plastic. […]
Posted inPETROCHEMICALS
Petrofac JV secures $1.5 billion contract for giant petrochemicals project
A join venture of Petrofac and China Huanqiu Contracting & Engineering Corp, has secured a $1.5 billion EPC contract from STEP Polymers SPA, a Sonatrach subsidiary, for a significant petrochemical project in Algeria. The plant will be located at the Arzew Industrial Zone, west of Algiers. Covering the design and build of two major integrated […]
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Iraq set to launch $8.5 billion giant petrochemicals project
Iraq is set to launch the Nibras project in the coming days, according to the project’s manager, Hussein Ali. The project, a joint venture with Royal Dutch Shell, involves the construction of the largest petrochemical plant in the region at a cost of almost $8.5 billion, Zawya Projects reported. The petrochemical plant, based in Basra, […]
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Inside Qatar’s $6 billion Ras Laffan petrochemicals project
QatarEnergy is building an integrated polymer olefins and polyethylene complex in Qatar’s Ras Laffan Industrial City. The Ras Laffan Petrochemical Complex will be located in the Ras Laffan Industrial City (RLIC), 80km north of Doha in Qatar. RLIC is a 294 km sq industrial hub owned and operated by QatarEnergy. It is home to many international […]
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Saudi Aramco’s $10 billion refinery megaproject: Everything you need to know
Saudi Aramco’s joint venture Huajin Aramco Petrochemical Co (HAPCO) earlier this week broke ground on a $10 billion integrated refinery and petrochemical complex in Panjin city in China’s Liaoning Province. HAPCO is a joint venture between Aramco (30%), NORINCO Group (51%) and Panjin Xincheng Industrial Group (19%). Aramco announced earlier that the complex was expected […]
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Aramco announces construction of major refinery and petrochemical complex
Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China, Aramco announced today. Huajin Aramco Petrochemical Co (HAPCO), which is a joint venture between Aramco (30%), NORINCO Group (51%) and Panjin Xincheng Industrial Group (19%), is developing the complex […]
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Aramco’s Shaheen Project update: South Korea’s DL E&C takes over construction stake
South Korea’s DL E&C announced that it has taken over a 26% stake in package 1 construction of Shaheen Project from Hyundai E&C consortium. The construction period is 42 months, and the project is scheduled to be completed in 2026.  In November 2022, Aramco announced its biggest-ever investment in South Korea to develop one of the […]
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QatarEnergy breaks ground on $8.5 billion petrochemicals facility
QatarEnergy and Chevron Phillips Chemical Co (CPChem) celebrated the ground breaking of the Golden Triangle Polymers Plant in Texas, marking the beginning of construction of the $8.5 billion world-scale petrochemical facility. Delivering remarks on behalf of HE Saad Sherida Al-Kaabi, president and CEO of QatarEnergy, Ahmad Saeed Al-Amoodi, QatarEnergy’s executive vice resident, Surface Development and […]
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