Tasnee, Sahara to build $1.1bn acrylic acid and acrylates complex

18 October 2010 12:13  [Source: ICIS news]

SINGAPORE (ICIS)--National Industrialisation Co (Tasnee) and Sahara Petrochemical Co have signed a deal with Linde and Samsung Engineering Co to build a Saudi riyal (SR) 4bn ($1.1bn) acrylic acid and derivatives complex in Al Jubail, Saudi Arabia, a source close to the companies said on Monday.

“The complex is expected to go on stream in the first quarter of 2013,” the source said.

The complex would have three plants - a 145,000 tonne/year acrylic acid unit, an 85,000 tonne/year butyl acrylate plant and a 85,000 tonne/year glacial acrylic acid plant, the source said.

The facility would provide the feedstock for super absorbent polymers (SAPs), which are in high demand in Saudi Arabia, the source added.

SAPs have a high water absorbency and are widely used in the production of personal hygiene products such as diapers.

Propylene feedstock  for the acrylic acid plant would be sourced from Saudi Ethylene & Polyethylene Co's 1m tonne/year ethane cracker in Al Jubail, the source said.

SEPC is a joint venture of Sahara Olefins Co (24.4%), Tasnee (50.6%) and LyondellBasell (25%).

($1 = SR3.75)

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By: Prema Viswanathan
+65 6780 4359

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