16 August 2011 16:15 [Source: ICIS news]
LONDON (ICIS)--Saudi Kayan Petrochemical Co has signed a Saudi riyal (SR) 488m ($130.1m, €90.0m) contract with China's Sinopec Engineering Inc for the construction of a distilled natural alcohols plant at Al-Jubail in Saudi Arabia, Saudi Kayan said on Tuesday.
The plant will have a capacity of 50,000 tonnes/year and should be operational by the second half of 2013, added Saudi Kayan, which is 35%-owned by Saudi major SABIC.
Sinopec Engineering Inc, part of integrated petroleum and petrochemical company Sinopec, will supply detailed engineering and equipment and carry out the construction of the plant, Saudi Kayan said.
The plant, which will be the first of its kind in the Middle East, will meet part of SABIC's commitment to diversify into oleochemicals using renewable feedstocks and increase its performance chemicals portfolio, it added.
The renewable feedstocks process will be based on natural raw materials from renewable oils such as palm kernel oil and coconut oil.
Distilled natural alcohols are used in household and laundry products, plasticisers, lube additives, plastic industries, cosmetics and personal care products.
($1 = SR3.75, €1 = SR5.42)
For more on SABIC and Sinopec visit ICIS company intelligence
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