Photo: Pand P Studio / Shutterstock.com | Image used for illustrative purpose only
1 minute read

Saudi’s Sipchem Awards $169 Million Contract for Facilities Expansion

The plant expansions are expected to be completed in 28 months.

Sahara International Petrochemical Company (Sipchem) has awarded engineering, procurement, and construction (EPC) contracts worth $169 million to expand the propylene and polypropylene plants of its subsidiary, Al-Waha Petrochemical Company.

The expansion is aimed at increasing production capacity by 72,000 tonnes of propylene and 150,000 tonnes of polypropylene, Sipchem announced in a statement to the Saudi stock exchange on Tuesday.

Upon completion, the total production capacity will rise to 537,000 tonnes of propylene and 600,000 tonnes of polypropylene.

The 28-month contracts were awarded to SGC E&C Company and SGC Arabia Company. The expansion is part of Sipchem’s broader strategy to enhance production capacity and operational efficiency. The increased output is expected to benefit various industries, including automotive, fiber, and food packaging films.

Any significant developments will be announced in due course, the statement added.

Legal Disclaimer:
Zawya
GLOBAL FLOW CONTROL provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above. "

Latest News

  • LNG and Industrial Gases
    2 minutes read

    Nigeria Approves Its First Floating LNG…

    14 Sep. 2024 | Global Flow Control
  • Power Generation
    1 minute read

    BPCL Board Approves JVs with Sembcorp…

    14 Sep. 2024 | Global Flow Control
  • Pharmaceutical
    2 minutes read

    Eli Lilly Unveils $1.8 Billion Expansion…

    14 Sep. 2024 | Global Flow Control
  • Power Generation
    1 minute read

    South Korea Greenlights Construction of Two…

    14 Sep. 2024 | Global Flow Control