Aramco and Dow to Relocate Petrochemical Plant to Jubail
Saudi Aramco and US-based Dow Chemical have decided to move their planned $20bn-plus petrochemical complex to Jubail.
The plant was initially planned to be located in Ras Tanura, but the cost of reclaiming the land and congestion at the site has led the companies to reconsider.
The plant, which was originally due to produce eights million tons per year of petrochemicals from 35 processing units, will now be downsized with the relocation, according to Reuters.
The evaluation phase of the project is on schedule and is expected to be completed later this year.
Feedstock for the plant is expected to come from Aramco-Total refinery and from the Berri field.
The front-end engineering and design of the complex is split between US firm KBR, Foster Wheeler and Jacobs Engineering Group.