Saudi petrochemicals giant Sabic announced on 17 October that operations have started at a new 700,000 t/y monoethylene glycol (MEG) plant in the Red Sea downstream hub of Jubail. The plant is the third Ethylene Glycols plant to be operated by its Jubail United Petrochemicals (United) subsidiary.
United (Sabic 75%, Public Pension Agency 15%, General Organization for Social Insurance 10%) awarded Korea’s Samsung Engineering a $700mn contract for construction of the 700,000 t/y MEG plant in December 2017 with completion initially scheduled for 2020 (MEES, 5 January 2018). The facility was flagged as a key growth project in Sabic’s 2021 Annual Report. (CONTINUED - 328 WORDS)