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Project<br />

Polyether Polyol Plant Project<br />

Name<br />

Territory <strong>Saudi</strong> <strong>Arabia</strong><br />

Client National Industrialisation Company (Tasnee) - <strong>Saudi</strong> <strong>Arabia</strong><br />

Description Construction of polyether polyol plant with capacity of 125,000 tonnes a year.<br />

Budget ($) 123,000,000<br />

Tender Cost<br />

($)<br />

Post Date July 21, 2010<br />

Invitation<br />

Date<br />

Closing Date<br />

Period 2014<br />

Last<br />

March 22, 2012<br />

Updated<br />

Status New Tender<br />

Remarks Updated On : March 22, 2012<br />

It is understood that bids will be invited later this year for the EPC contract on this scheme.<br />

FEED is to be completed in August 2012 with EPC award anticipated in January 2013.<br />

Project completion is now expected by the end of 2014. Project strategy calls for the EPC<br />

contract to be based on an open-book approach and ultimately converted into lump-sum<br />

turnkey. It will involve investment of more that $100-million.<br />

Updated On : January 10, 2012<br />

It is understood that negotiations are ongoing between Tasnee and SAIC regarding the<br />

development of this project. The tendering and bidding process for the FEED study is<br />

expected to be launched in the first quarter of 2012, while the EPC contract is expected to be<br />

awarded in the second quarter of 2012, with work expected to commence soon thereafter.<br />

Commissioning of the plant is anticipated in the fourth quarter of 2013 and the project is<br />

expected to be completed in the first quarter of 2014.<br />

Updated On : May 18, 2011<br />

It is understood that a contract to carry out the front-end engineering and design (FEED) on<br />

this scheme will be awarded by mid-July 2011. The plant is due to start operating in early<br />

2014.<br />

Project<br />

This project will be located on a site next to the PetroRabigh complex in Rabigh. The scheme<br />

is being implemented in 50:50 joint venture with <strong>Saudi</strong> Advanced Industries Company<br />

(SAIC). The plant will use 100,000 t/y of propylene oxide from PetroRabigh in a deal agreed<br />

this year. The production will be used to make polyurethane in cellular and non-cellular<br />

applications. US-based Carpenter Company is providing the polyol manufacturing technology<br />

for the project.<br />

WorleyParsons (<strong>Saudi</strong> <strong>Arabia</strong>)

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