Name of the Project
Propane dehydrogenation and polypropylene facility.
Location
The project will be located in Jubail Industrial City, in Saudi Arabia.
Project Owner/s
Advanced Global Investment Company (85%), a wholly owned subsidiary of Advanced Petrochemical Company, and SK Gas Petrochemical (15%).
Project Description
The project entails the construction and operation of a propane dehydrogenation plant and polypropylene plant, with a nameplate capacity to manufacture 843 000 t/y propylene and
Potential Job Creation
Not stated.
Capital Expenditure
The total cost of the project is currently estimated at $1.8-billion.
Planned Start/End Date
Construction is expected to start in 2021, with commercial operations expected to start in the second half of 2024.
Latest Developments
McDermott International has been awarded a technology contract by Advanced Global Investment Company to provide the licence and basic engineering package of a C3 Catofin unit at the petrochemicals facility.
Key Contracts and Suppliers
McDermott International (C3 Catofin unit).
Contact Details for Project Information
Advanced Petrochemical Company, tel +966 13356 6000.