Saudi Arabia
Saudi Arabia
Saudi Arabia
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Project<br />
Petrochemical Complex Project - Jubail Industrial City<br />
Name<br />
Territory <strong>Saudi</strong> <strong>Arabia</strong><br />
Client Qurain Petrochemical Industries Company (Kuwait)<br />
Description Engineering, Procurement and Construction (EPC) contract to build a petrochemical complex<br />
in Jubail Industrial City.<br />
Budget ($) 1,000,000,000<br />
Tender Cost<br />
($)<br />
Post Date December 14, 2011<br />
Invitation<br />
Date<br />
Closing Date<br />
Period 2016<br />
Last<br />
March 22, 2012<br />
Updated<br />
Status New Tender<br />
Remarks Updated On : March 22, 2012<br />
Client expects to see a decision in mid April 2012 on its feedstock allocation for the project.<br />
Client is still waiting for a decision from <strong>Saudi</strong> Aramco Total Refining & Petrochemical<br />
Company (Satorp) on the feed stock allocation. If it goes ahead the plant will receive a<br />
paraxylene feedstock allocation from Satorp, the <strong>Saudi</strong> joint venture with Frances Total.<br />
US Nexant is carrying out feasibility study for the plant and is nearing completion. If<br />
Qurain is appointed to develop the PET plant, it could appoint a project management<br />
consultant (PMC) by middle of 2012, and will begin looking for technology partner before<br />
launching the EPC tenders.<br />
Updated On : February 2, 2012<br />
It is understood that tendering and bidding process for the feasibility study and front-end<br />
engineering and design (FEED) contract is expected to be launched in the first quarter of<br />
2012. A project management consultant (PMC) is expected to be selected and announced in<br />
the second quarter of 2012 (there will be no tendering and bidding process). Tendering and<br />
bidding process for EPC contract is expected to commence soon after, with an award is<br />
anticipated by end of the second quarter of 2012. Construction of plant is expected to<br />
commence in the third quarter of 2012, while the project completion is anticipated in the first<br />
quarter of 2015.<br />
This project is in <strong>Saudi</strong> <strong>Arabia</strong>. The complex will receive paraxylene feedstock from a local<br />
refinery, producing 1 million tonnes a year (t/y) of purified terephthalic acid (PTA), 800,000<br />
t/y of PET as well as other downstream products. Some of the PTA will be offered to local<br />
markets, while the majority will be converted to PET resin. This complex will support the<br />
downstream conversion industry in <strong>Saudi</strong> <strong>Arabia</strong> in the production of bottle pre-forms, sheet
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