JGC subsidiary to build Saudi Arabian aromatics plant
JGC Corporation's wholly-owned subsidiary, JGC Gulf International, has won a contract from the Sadara Chemical Company to build an aromatics plant in Saudi Arabia.
Sadara Chemical is a joint venture between the Saudi Arabia Oil Company (Saudi Aramco) and The Dow Chemical Company.
As part of the lump-sum turnkey contract, JGC will provide engineering, procurement and construction (EPC) services for an aromatics plant in Jubail Industrial City II, in Saudi Arabia.
The aromatics plant project awarded to JGC Gulf International will be one of the key upsteam manufacturing units in the Sadara complex, according to JGC.
JGC Gulf International was selected for the contract, keeping in view its project execution abilities, cost-competitiveness and performance in Saudi Arabia.
The Sadara project is expected to bring JGC's globalisation initiative directly in line with the country's initiatives to strengthen domestic industry, along with improving its project execution abilities. The aromatics plant is expected to be completed in 2014.
In light of Saudi Arabia's national industry diversification and employment generation plans, JGC established an EPC subsidiary, JGC Gulf International, in Saudi Arabia in 2008 to address local needs.