Sahara International Petrochemical Company (Sipchem), Saudi Arabia announces the award of engineering, procurement and construction contracts for the expansion of Al Waha’s propylene and polypropylene plants (one of Sipchem’s affiliate).
The value of the contract is USD 169 million.
The Project was awarded to SGC E&C Co., Ltd. and SGC ARABIA COMPANY LIMITED.
Contract Scope includes Engineering, procurement and construction contracts for the efficiency improvement and expansion of the PDH-PP plants, where the additional production capacity is 72,000 tons of propylene and 150,000 tons of Polypropylene. The total production capacity after the expansion will be approximately 537,000 tons of propylene and 600,000 tons of Polypropylene.
The duration of the contract is 28 Months.
The company stated that, this project reflects Sipchem’s continuous efforts to enhance its production capacity and efficiency. Increased polypropylene production will contribute significantly to many industries, including automotive, fiber, and food packaging films. This expansion will strengthen the company’s position in the market and support its growth strategy. Any material development related to this project will be announced in accordance with the relevant regulations and instructions.
