Samsung Engineering, South Korea announced in a statement that it was awarded an engineering, procurement and construction (EPC) contract by Advanced Global Investment Company (AGIC), Saudi Arabia for PDH (Propane Dehydration) plant and associated UTOS (Utilities & Offsites) facilities
The value of signed contract is $653 million.
The Project locations is in Jubail Industrial City II, eastern region of Saudi Arabia.
The contract ceremony was held in a non-face-to-face manner through an online video conference between South Korea and Saudi Arabia.
Mr. Khalifa Abdullatif Al Mulhem, Chairman of APC and Mr. Sungan Choi, President and CEO of Samsung Engineering attended the contract ceremony.
The PDH plant, which forms part of AGIC’s integrated PDH-PP complex project, will have a total capacity of 843,000 tonnes/year of propylene, statement said.
The Plant and UTOS are expected to be completed in 2024.
On Tuesday, AGIC Signed $500million Contract with Itlay’s Maire Tecnimont for the EPC of PDH-PP complex project. (read more)
US Engineering firm, Fluor Corporation will act as PMC of the project (read more)
Earlier, during April 2020, Saudi Arabia’s Advanced Petrochemical Company has signed an agreement with South Korean company SK Gas for constructing and operating propane dehydrogenation (PDH) and polypropylene (PP) plants.(read more)
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