SAUDI ARABIA: Letter of intent for planned large-scale petrochemical complex, FOSTER WHEELER LTD. (FW) [USA] Order #: 102505.

From: WWP-Business Opportunities in Africa & the MiddleEast | Date: October 1, 2005 | Copyright information

PROJECT OVERVIEW:

The local EASTERN PETROCHEMICAL CO. (SHARQ), a subsidiary of SAUDI BASIC INDUSTRIES (SABIC), recently signed a letter of intent with US-based FOSTER WHEELER LTD. (FW) regarding the award of a contract to build a large-scale petrochemical complex in Saudi Arabia. According to the terms of the tentative award, FW will be responsible for the provision of engineering, procurement and construction (EPC) services.

Construction plans under consideration call for building a manufacturing base in Al-Jubail that will have installed production capacities of: - 1.3 ...

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