McDermott International was awarded propane dehydrogenation contract by Saudi Petchems, a subsidiary of Advanced Petrochemical Company. The agreement includes providing license and basic engineering services for a “CATOFIN” propane dehydrogenation unit at Advanced Global Investment Company’s petrochemical complex located in Jubail, Saudi Arabia and will be able to produce 843,000 metric tons of propylene per year. The value of the contract is estimated to range from $1 to 50 million.
You also might be interested in
Top Saudi Government and Business Leaders Gather in Washington, D.C. with U.S. Counterparts on State Visit of Custodian of the Two Holy Mosques, King Salman
A delegation of more than 100 leaders in Saudi Government[...]
B20 Saudi Arabia on Developing Recommendation that Will Allow Working Women to Thrive in the Next Normal
Amidst the COVID-19 pandemic, businesses and schools have closed adding[...]
Saudi Arabia launched Saudi Arabian Military Industries (SAMI) to manufacture[...]