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Sipchem Awards $187 Million Ethylene Vinyl Acetate Plant Expansion Project

Sahara International Petrochemical Company (Sipchem) of Saudi Arabia has announced the awarding of engineering, procurement, and construction (EPC) contracts for the expansion of the Ethylene Vinyl Acetate (EVA) plant owned by its affiliate, International Polymers Company.

The contracts, valued at $187 million, have been awarded to SGC E&C Co., Ltd. and SGC Arabia Company Limited. The scope of the contract includes engineering, procurement, and construction services for the plant expansion, which will increase production capacity by 70,000 tons of high-grade Ethylene Vinyl Acetate. Upon completion, the plant’s total production capacity will reach approximately 290,000 tons per year.

The contract duration is set at 40 months.

This project underscores Sipchem’s commitment to producing high-value products. The high-grade Ethylene Vinyl Acetate produced will support multiple industries, including the manufacture of solar power cell encapsulants, hot melt adhesives, and other applications. Sipchem will announce any material developments related to this project in accordance with relevant regulations and instructions.

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