Jubail Chemicals Storage and Services Co. (JCSSC), a joint
venture of SABIC and Vopak, on Wednesday awarded engineering,
procurement and construction (EPC) contracts for a
new storage, handling and shipping terminal at King Fahd
Industrial Port in Jubail.
The EPC deal went to China National Chemical Engineering Corp.
Total investment on the facility is estimated to be $400
million. The project will enable the continued
growth of the petrochemical and downstream
industries in Saudi Arabia, according to the companies.
Once commissioned early 2015, the storage capacity of the
terminal will be approximately 250,000 cubic meters.
The first phase will consist of around 40 commodity and
specialty chemical storage tanks, complete with truck handling
and ship loading facilities for five berths.
The investment in this industrial terminal will provide the
petrochemical industry in Jubail
with a critically important export facility, according to
company officials, who added that the project will be designed to the
highest safety standards.
JCSSC is a joint venture in which SABIC holds 75% and Vopak