Name of the Project
INEOS petrochemical plants.
Location
The new plants will form part of the Jubail 2 complex, Saudi Arabia.
Project Owner/s
INEOS.
Project Description
INEOS has signed an agreement with Saudi Aramco and Total to build its first-ever plants in the Middle East. The plants will be part of Saudi Aramco and Total’s planned construction of a petrochemicals complex called Project Amiral, and will be able to produce 2.7-million tons of chemicals a year.
INEOS’s three world-scale plants will produce the key building blocks for carbon fibre, engineering polymers and synthetic lubricants that are pivotal to economic growth in the region.
INEOS plans to build a new state-of-the-art 425 000 t acrylonitrile plant, which will be the first plant of its kind in the Middle East.
It will also build a 400 000 t linear alpha olefin plant and associated world-scale poly alpha olefin plant. The units are expected to be the most energy efficient in the world when they begin production.
Potential Job Creation
Not stated.
Capital Expenditure
The project will entail an investment of about $2-billion.
Planned Start/End Date
All the plants are scheduled to start production in 2025.
Latest Developments
INEOS signed a memorandum of understanding with Saudi Aramco and Total to build the three new plants in June.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
INEOS, Richard Longden, tel +41 799 626123.