08 July 2013 03:55 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi Butanol Co (Sabuco) has awarded South Korea’s Daelim Construction a contract to build a new butanol plant at Tasnee’s petrochemical complex in Jubail Industrial City, parent firm Sadara Chemical Co said on Sunday.
The contract is worth Saudi riyal (SR) 1.1bn ($293m), Sadara Chemical Co said in a statement.
The plant, scheduled to go on stream in 2015, will have 330,000 tonnes/year of n-butanol (NBA) and 11,000 tonnes/year of isobutanol (IBA) capacity, the company said.
“The expected experimental operation start-up [for the plant] will be in the second quarter of 2015 and is expected to last from three to six months,” it said.
Sabuco is a joint venture between Sadara Chemical Co, Saudi Acrylic Acid Co (SAAC) and Saudi Kayan Petrochemical Co, a manufacturing affiliate of SABIC.
SAAC is owned by Tasnee & Sahara Olefins Co (TSOC), an affiliate of Tasnee Co and Sahara Petrochemicals Co.
Sahara owns a 14.38% stake in Sabuco.
($1 = SR3.75)
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