submitted proposals in late July for the estimated $350 million
ethylene package at the Jubail United Petrochemical Company (JUPC)
olefins complex. An award is expected in mid-October. (MEED 27:4:01).
The bidders for the licensing, engineering, procurement and
construction contract are Shaw Group subsidiary Stone & Webster
and ABB Lummus Global — both US-based — Japan's Chiyoda
Corporation, with US-based Kellogg Brown & Root and Germany's
Linde, with South Korea's Samsung Engineering Corporation.
Meetings were scheduled to take place in mid-August between JUPC and
the bidders to clarify the technical details of the proposals. The
commercial bids are due to be opened later in the month. The
invitation to bid was issued in March.
The 800,000-tonne-a-year (t/y) ethylene plant is to be the largest
unit at the estimated $2,000 million JUPC complex, which
will also include a 460,000-t/y ethylene glycol (EG) unit and a
olefins complex. The company had also been planning a high density/low
density polyethylene plant with capacity of
400,000 t/y. However, JUPC's owner, Saudi Basic Industries Corporation
(Sabic), decided to merge the polyethylene unit with a similar plant
Arabian Petrochemical Company (Petrokemya).
The EG unit is due to be tendered in 2002 and will use technology
by the US' Scientific Design Company. US-based Fluor Daniel is project
manager for the entire complex. The financial adviser is Gulf
EMAP Business Communications2001