|ADDAR awarded Indian EPC company, Nuberg Engineering, a turnkey contract for its first Greenfield Sulfolane and speciality Chemical Plant in Saudi Arabia. The contract valued at $35 million is a major win for Nuberg, which is a specialized EPC contractor for chemical plants. The entire project is worth $60 million all-inclusive. The turnkey project was bagged against several global competitive bids by major international EPC contractors originating from countries like India, Saudi Arabia, Korea and Europe. The scope of the chemical plant project includes residual engineering, procurement, supply, construction, fabrication and commissioning. The project is augmented by Larsen & Toubro (L&T), one of India’s largest conglomerate, is the detail engineering partner of the chemical plant. The technology and basic engineering partner of the project is GTC Technologies, another giant of the industry originating from US.
ADDAR, one of the leading conglomerate firms in Saudi Arabia, was formed as an independent entity by His Excellency Dr. Ibrahim Ibn Salamah, Ex-Managing Director and Vice Chairman of Saudi Basic Industries Corporation (SABIC). Located in Jubail Industrial City, the largest industrial city in the Middle East and home to many of world’s largest chemical and petrochemical plants, the facility will manufacture Sulfolane and other specialty chemical products for downstream and petrochemical / oil and energy industry. The chemical plant will supply to the local Saudi market as well as the wider Middle East, Africa (MEA) and Gulf Cooperation Council (GCC) region. Also, it may cater to markets having similar critical needs, including Eastern Europe, India, China and South East Asia. Seen as one of the largest green-field specialty chemical complex with various upcoming new products for the downstream and petrochemical / oil and energy industry, the project is scheduled to commence during the first quarter of 2017. A. K. Tyagi, MD, Nuberg Engineering said, “With this project we get to penetrate into one of world’s largest industrial area. Jubail is the hub for all the major global EPC suppliers and entry in this area is definitely a huge leap of growth.”
Home Chemical Industry Digest News Nuberg bags Saudi Arabia’s first Greenfield Sulfolane manufacturing plant contract