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Saudi Arabia Procurement News Notice - 71295


Procurement News Notice

PNN 71295
Work Detail The project is expected to be completed by the fourth quarter of 2027 Sahara International Petrochemical Company (Sipchem) has awarded engineering, procurement and construction (EPC) contracts worth $187 million to expand its affiliate, International Polymers Company’s ethylene vinyl acetate plant. The plant’s production capacity will rise by 70,000 tonnes to nearly 290,000 tonnes a year, the company said in a statement to the Saudi stock exchange. The 40-month EPC contracts were awarded to SGC E&C Co. and SGC Arabia Company. The project is expected to be completed by the fourth quarter of 2027. The high-grade ethylene vinyl acetate product is used in multiple industries, including the manufacture of solar power cell encapsulants and hot melt adhesives.
Country Saudi Arabia , Asia
Industry Oil & Gas
Entry Date 04 Jul 2024
Source https://www.zawya.com/en/projects/industry/saudis-sipchem-awards-187mln-epc-contracts-for-chemical-facility-expansion-th00hmmq

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