Printer Friendly

Sipchem plant to start operations next month.

Saudi International Petrochemical Company (Sipchem) will fully start a new petrochemical plant in November, a senior executive said. Top oil exporter Saudi Arabia Saudi Arabia (sä`dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop.  is investing in a massive expansion plan in petrochemicals and chemicals as it looks to profit more from processing its abundant energy riches and become less dependent on crude revenues alone.

The plant cost around $1.8 billion to build, Sipchem's Vice President of Projects Mehdi Adib said at an industry event in Abu Dhabi Abu Dhabi (ä`b thä`bē, zä–, dä–), Arab. Abu Zabi, sheikhdom (1995 pop. 928,360), c. .

It is the second phase of a Sipchem project, and will consist of an acetyls complex that will produce 450,000 tons of acetic acid acetic acid (əsē`tĭk), CH3CO2H, colorless liquid that has a characteristic pungent odor, boils at 118°C;, and is miscible with water in all proportions; it is a weak organic carboxylic acid (see carboxyl group). , 330,000 tons of vinyl acetate monomer monomer (mŏn`əmər): see polymer.

Molecule of any of a class of mostly organic compounds that can react with other molecules of the same or other compounds to form very large molecules (polymers).
 and 345,000 tons of carbon monoxide carbon monoxide, chemical compound, CO, a colorless, odorless, tasteless, extremely poisonous gas that is less dense than air under ordinary conditions. It is very slightly soluble in water and burns in air with a characteristic blue flame, producing carbon dioxide;  annually. The plant had been scheduled to come online in early 2009.

The company said in August operations would not begin until September. Germany's Lurgi and France's Air Liquide built the carbon monoxide plant. Fluor Canada built the acetic acid plant and the vinyl acetate plant.

Saudi Economic Survey. All rights reserved.

Provided by an company
COPYRIGHT 2009 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

 Reader Opinion




Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Saudi International Petrochemical Company
Publication:Saudi Economic Survey
Article Type:Brief article
Date:Oct 25, 2009
Previous Article:Saudi banks have adequate debt provisions.
Next Article:Over 80 firms take part in first Saudi boat show.

Related Articles
Saudi Firm Begins Production At 1st Butanediol Plant In The Middle East.
Sipchem, Hanwha join hands.
Sipchem suffers setback.
Sipchem, Hanwha to build plants.
Saudi Industrial Promotion - Petrochem Arabia.
Saudi Venture Capital Group.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters