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09-08-13

Sahara Petrochemicals Company signs a contract with DAELIM

(MENAFN) Sahara Petrochemicals Company has signed a contract with DAELIM for the Butanol plant that"s capacity is 330,000 metric tonnes annually of n-butanol and 11,000 metric tons of iso-butanol in Jubail Industrial city. Sahara Petrochemicals Company is an affiliate of Tasnee and Sahara Olefins Company and the Saudi Acrylic Acid Company, according to Arabian Oil and Gas news. The expected experimental operation start-up is expected to last from three to six months by the end of the first half of 2015 starting from January, 2014. The contract is valued at USD293 million approximately. Saudi Butanol company aims to improve the financing and ownership of the plants producing Butanol. The company was established between SADARA, Saudi Kayan Petrochemicals & SAAC. Sahara Petrochemicals Company, an affiliate of Tasnee and Sahara Olefins Company and the Saudi Acrylic Acid Company, has signed a contract with DAELIM for the proposed Butanol plant in Jubail Industrial city. The design capacity of the Butanol Plant is 330,000 metric tonnes per annum of n-butanol and 11,000n metric tons per annum of iso-butanol. The expected experimental operation start-up will be in the second quarter of 2015 and is expected to last from three to six months. The contract is valued at approximately $293 million, the construction period will be from January, 2014 until May, 2015. Saudi Butanol company was established between SADARA, Saudi Kayan Petrochemicals & SAAC for the purpose of financing and ownership of the plant producing Butanol. Last month, Daelim also signed onto a contract worth $175 million, to deliver a fluid catalytic cracker and acid water treatment facility for Kuwait National Petroluem Company (KNPC). The contract was part of KNPC"s Clean Fuels Project that will expand KNPC's large-scale Mina Al-Ahmadi refinery.

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