Sahara International Petrochemical Company (Sipchem) has awarded engineering, procurement, and construction (EPC) contracts worth $187 million to expand its affiliate, International Polymers Company’s ethylene vinyl acetate plant.
The plant’s production capacity will increase by 70,000 tonnes, reaching nearly 290,000 tonnes per year, according to a statement from the company to the Saudi stock exchange.
The 40-month EPC contracts were awarded to SGC E&C Co. and SGC Arabia Company.
The project is expected to be completed by the fourth quarter of 2027.
The high-grade ethylene vinyl acetate product is used in multiple industries, including the manufacture of solar power cell encapsulants and hot melt adhesives.