Alfa Laval has won an order from a Korean engineering company to supply heat exchangers for a natural gas project in Saudi Arabia. The order value is approximately SEK 80 million, and delivery is scheduled for 2013.
The Alfa Laval heat exchangers will be used in a new major gas-processing facility in Saudi Arabia, where they will be recovering energy in the gas-cleaning process, bringing down power consumption and CO2 emissions.
Siemens has taken the next step toward a massive expansion of its activities in Saudi Arabia, breaking ground on a landmark manufacturing facility for gas turbines and compressors. Planned for completion in late 2013, the center will create job opportunities for young Saudis, serving as a knowledge transfer hub for new Siemens technology and supporting the countrys industrialization drive.
The power equipment manufactured at the plant will be supplied to the local Saudi market, where energy requirements are strongly increasing. Siemens and its local partner, E.A. Juffali & Brothers, will jointly invest a US dollar figure in the hundreds of millions in the facility, which will be constructed on a 220,000-m2 site in Dammam in the Kingdoms Eastern Region. The manufacturing facility is reportedly the first of its kind for Siemens in the Middle East.
EQUATE Petrochemical Co. and Schmidt + Clemens Group (S+C) have signed a strategic cooperation agreement relevant to enhancing and optimizing production performance of ethylene crackers.
EQUATEs procurement leader, Ahmad Al-Saleh, said, As EQUATE owned and managed ethylene production capacities reach 1.8 million metric tpy, this strategic accord leverages a decade-long business relationship with S+C to implement solutions, best practices and latest technologies in operational and life-cycle optimization of ethylene crackers radiant coils.
Established in 1995, EQUATE is an international joint venture between Petrochemical Industries Co., The Dow Chemical Co., Boubyan Petrochemical Co. and Qurain Petrochemical Industries Co. Commencing production in 1997, EQUATE is the single operator of a fully integrated world-scale manufacturing facility producing over 5 million tpy of high-quality petrochemical products that are marketed throughout the Middle East, Asia, Africa and Europe. HP