Abstract
The construction of chemical plants in the Middle East continues unabated as several ethylene cracker projects in Saudi Arabia and Qatar move forward. Saudi Basic Industries Co. (Sabic) is planning a new cracker complex for Al-Jubail, Saudi Arabia. The project, called Petrokemya IV, is slated to start up by 2012. It will have more than 1.3 million metric tons per year of ethylene capacity. The downstream complement of derivatives plants is yet to be determined because of ongoing negotiations with Sabic's feedstock supplier, Saudi Aramco. Separately, Sabic says it will have a public offering of shares on the Saudi stock market for another complex it is planning—a 1.3 million-metric- ton-per-year ethylene facility scheduled to come onstream in Yanbu, Saudi Arabia. The company is asking for bids for the engineering, procurement, and construction contracts for that plant, slated to come onstream in the first half of 2008. Engineering firm Foster Wheeler ...
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