Published on : Mar 30, 2015
Nuberg Engineering, an engineering company that specializes in procurement and construction of chemical plants, has bagged a deal worth $35 million from Saudi Arabian company ADDAR Chemicals for constructing its sulfolane and speciality chemical plant. The overall project is worth nearly $60 million inclusive of all.
The chemical plant’s plan covers procurement, residential engineering, construction, commissioning, fabrication, supply, and construction units.
Larsen & Toubro (L&T) will augment the project as the detailed engineering partner of the chemical plant. Basic engineering and technology partners of the project will be the U.S. based company GTC Technologies.
ADDAR is one of the leading multinational companies in Saudi Arabia. It was formed as an independent company by the vice chairman and the former managing director of Saudi Basic Industries Corporation (SABIC).
The project will be located in Jubail Industrial City, the largest industrial city of the Middle East and comprising some of the world’s largest petrochemical and chemical companies. The project, when completed, will manufacture specialty chemicals such as Sulfolane for the oil and energy industry. The facility will cater to the Saudi Arabian market as well as Africa, wider Middle East, and regions in the GCC (Gulf Cooperation Council). It may also supply to the markets that have similar critical needs such as China, Eastern Europe, South East Asia, and India.
The project, highly anticipated as being one the largest green-field complexes with capability of producing some new products of the specialty chemicals segment for the oil and gas industry, is expected to be completed and commence manufacturing by the first quarter of the year 2017.