Italy’s Saipem has won a SAR 782mn ($208mn) contract for the expansion of Petro Rabigh’s petrochemicals complex in Saudi Arabia.
The joint venture between Saudi Aramco and Japan’s Sumitomo Chemical said the 30-month contract to was part of Rabigh 2 project.
Saipem will build a facility for vanadium extraction with a capacity of 3,240 cubic meters per day, and another facility for disposing of Caustic Soda with a capacity of 120 Cubic meters a day, a Petro Rabigh statement said.
The Rabigh II expansion project also involves an expansion of an existing ethane cracker and a new aromatics complex to process more than 2.7 million tonnes of naphtha a year to make higher-value petrochemical products.