Riyadh-Mubasher: Saudi Basic Industries Corp. (SABIC) is expected to award an engineering, procurement and construction (EPC) contract for its planned Jubail-based acrylonitrile by July, MEED reported.
In April, MEED stated that the company held meetings with three contractors to sign the EPC contracts for the project whose cost is likely to reach a maximum of $500-800 million.
The three contractors are South Korea's Daelim Industrial and Samsung Engineering, as well as Spain's Tecnicas Reunidas.
The project includes the construction of a 200,000 ton per annum (tpa) acrylonitrile plant alongside a 40,000 tpa sodium cyanide facility, as well as utilities and offsites.
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