SAUDI ARABIA: Saudi Kayan taps CTCI for EPC work on new cracking furnace in Jubail

Saudi Kayan Petrochemical Co. has awarded CTCI a contract for the engineering, procurement and construction of an additional ethylene cracking furnace in Jubail, Saudi Arabia.

Last year, the Saudi Ministry of Petroleum and Mineral Resources agreed to increase Saudi Kayan’s allocations of ethane, enabling the company to increase ethylene and ethylene oxide production capacity. Saudi Kayan said it would add 93,000 t/y of ethylene capacity.

CTCI said the contract covers front-end engineering design, detailed engineering design, procurement, construction, pre-commissioning, commissioning assistance, training of Saudi Kayan personnel and start-up of the furnace.

The project, with an estimated value of USD94.5-million, is expected to be completed during the second half of 2017, Saudi Kayan disclosed in a filing with Tadawul (stock exchange).

Saudi Basic Industries Corp. earlier this year awarded CTCI a front-end engineering design contract for affiliate Saudi Kayan’s ethylene oxide and ethylene glycol project in Jubail.

Source: Weekly “PetroChemical News”, Durham, NC, USA; 22 Feb 2016
(Syed Rashid Ali, Karachi, Pakistan)