EEI Corp. said unit Al Rushaid Construction Co. Ltd. (ARCC), a joint venture with Al Rushaid Petroleum Investment Company (ARPIC), has been tapped to build the propane dehydrogenation (PDH) plant of Advance Polyolefins Industry Company.
The contract is worth SAR800 million, approximately P11 billion.
“Work started this month and mechanical completion by November 2023. Manpower is estimated to peak at 3,769,” EEI said.
“ARCC will carry out the civil, building, steel structure, mechanical, tank, piping, painting, electrical and instrumentation works of the project for a total of 25 months,” it added.
The PDH plant is located in Jubail 2 Industrial City, eastern region of Saudi Arabia.
The PDH facility that will be producing propylene (PP) will have a nameplate capacity of 843,000 tons per year, feeding two polypropylene plants of 400,000 tons per year each for production of specialty polymers by manufacturers of face mask, automotive, pipes, food packaging and textile industries, EEI said.
Roberto Jose Castillo, EEI president, said this new deal that ARCC has secured adds to the pipeline of domestic and overseas projects that EEI has won over the past few months despite the pandemic.
The PP plant will be constructed by another contractor, Tecnimont. Propane feedstock will be coming from Aramco under a long-term contract.
