Linde is awarded more major contracts in Saudi Arabia

01-Aug-2005

Linde was awarded the contract for supply and construction of two large polyethylene plants in Al Jubail, a center of petrochemical development in Saudi Arabia. The project was commissioned by a consortium led by Saudi Basic Industrial Corp. (SABIC) including investors from Japan. The order value is approximately 500 million euros.

Dr. Aldo Belloni, member of the Executive Board of Linde AG and responsible for the business segment Gas and Engineering emphasizes the significance of Linde's first polythene plants in Saudi Arabia: "With this first polymer project to be delivered by Linde to Saudi Arabia, we further extend the technology platform in our business relationship with SABIC. So far, Linde has been primarily a supplier of tonnage oxygen plants to SABIC. This award, as well as the Linear Alpha Olefines (LAO) project already under construction at Al Jubail, demonstrate the ability of Linde to compete against its Asian peers in the region."

The plants to be constructed turnkey by Linde's group company Linde-KCA-Dresden GmbH, Dresden, will have an annual production capacity of 800,000 tons of polyethylene and are scheduled to start operation in the first half of 2008. Polyethylene is one of the most important compound plastics, with rapidly growing demand, especially in China and India.

Additionally, Japan's Mitsubishi Heavy Industries Ltd. and Linde signed a contract for the delivery of one of the worldwide largest air separation plants. The plant with a capacity of 108,000 cubic meters of oxygen will supply a new methanol plant also located in Al Jubail. The order volume for this project approximates 70 million euros. With this contract, Linde further strengthened its position as a leading supplier for air separation units.

https://www.chemeurope.com/en/news/47970/linde-is-awarded-more-major-contracts-in-saudi-arabia.html