Technip wins engineering deal on Saudi elastomers project of SABIC, ExxonMobil

Al-Jubail Petrochemical, a joint venture between SABIC and ExxonMobil Chemical, awarded Technip with a contract for the engineering, procurement and construction of a halobutyl facility in Al-Jubail, Saudi Arabia.

Contract value was not disclosed.

The project is part of the elastomers program undertaken by the joint venture to set up a world-scale specialty elastomers facility to serve local markets, the Middle East and Asia, officials said.

The new facility will produce 110,000 tpy of rubber using ExxonMobil-licensed technology.

Technip’s operating center in Abu Dhabi, United Arab Emirates, will execute the contract.

“We are glad to work on the implementation of this world-class facility, based on a state-of-art technology, in line with Saudi Arabia’s strategic objectives,” said Arturo Grimaldi, Technip’s senior vice president for the Middle East region.

“This contract reinforces Technip’s leading position in the petrochemical business and in Saudi Arabia, where we have been present for more than 30 years."

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