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Covering major construction projects in the Middle East
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 Updated: 13Mar12
 
MAC - Ras Al Zour Aluminum Complex - Aluminum Smelter - Materials Handling Facilities
Country : Saudi Arabia
Project Value : USD 100,000,000 Estimated
Sector : Industry | Aluminium
PMC : Fluor Arabia Limited
Contractor : Samsung Saudi Arabia Company Limited (EPC)
Profile Type :  Contract Project
Associated Projects : Contract (10)
Phase:
EPC - Execution
Completion: Q1 2013
 
 
Owner : Maaden Aluminium CompanyMaaden Aluminium CompanyLoading... - Saudi Arabia
Shareholders : Saudi Arabian Mining CompanySaudi Arabian Mining CompanyLoading... - Saudi Arabia - 74.90 %
 Alcoa - United States - 25.10 %
Location :
Ras Al Zour, Jubail, Al Sharqiyah , Saudi Arabia
Contract Type : EPC - Engineering, Procurement, Construction
Facility Type : Materials handling facilities
Background Maaden Aluminium CompanyMaaden Aluminium CompanyLoading... plans to build materials handling facilities as part of the Aluminum Smelter, located in the Minerals Industrial City at Ras Al Zour on the east coast of Saudi Arabia.

Fluor ArabiaFluor ArabiaLoading... is the overall PMC.
Expected Events
Schedule Contract Phase/Phase Description
Q1 2013 CompletionProject expected to be completed
Latest Events In March 2012, construction of the facilities was ongoing.

In Q1 2013, the project is expected to be completed.
Previous Events In September 2011, construction of the facilities started.

In May 2011, engineering works started.

In April 2011, the EPC contract was awarded to Samsung Engineering CompanySamsung Engineering CompanyLoading....

In March 2011, bidders submitted their proposals for the EPC contract.

In Q1 2011, the ITB for the EPC contract was issued.
Scope of Work Construction of:

-Silos and other structures for storing raw materials for the smelter
-Port facilities
Financing Source Riyad BankRiyad BankLoading... and Standard CharteredStandard CharteredLoading... Bank are the Financial Advisers.

In December 2010, Maaden signed USD 2.1 billion of financing contracts with the Public Investment Fund (PIF). A loan of USD 1.3 billion was granted to the aluminum smelter.

On 30 November 2010, Maaden signed documentation for the financing of the smelter and rolling mill. The USD 1.9 billion deal was signed with local and international banks. The local banks include the National Commercial BankNational Commercial BankLoading..., Riyad BankRiyad BankLoading..., SambaSambaLoading..., Banque Saudi FransiBanque Saudi FransiLoading..., Alinma bankAlinma bankLoading..., Saudi Hollandi bankSaudi Hollandi bankLoading..., Al-Rajhi BankAl-Rajhi BankLoading..., SabbSabbLoading..., ApicorpApicorpLoading... and Arab National BankArab National BankLoading.... The international banks include: Export Development Canada (EDC), NBD, BNP ParibasBNP ParibasLoading... and Standard CharteredStandard CharteredLoading....

In October 2010, the selected banking group consisting of 15 banks were in documentation stage. Banque Saudi FransiBanque Saudi FransiLoading... was appointed as the documentation bank for the smelter financing.

In August 2010, Maaden met with the lenders to work on the documentation for the financing.
Contract Packages
Type Project Name Contract Value
MAC - Ras Al Zour Aluminum Complex USD 10,800,000,000
MAC - Ras Al Zour Aluminum Complex - Aluminum Smelter USD 5,000,000,000
MAC - Ras Al Zour Aluminum Complex - Alumina Refinery USD 2,000,000,000
MAC - Ras Al Zour Aluminum Complex - Alumina Refinery - Integrated Digestion and Evaporation Facility USD 65,000,000
MAC - Ras Al Zour Aluminum Complex - Alumina Refinery - Steam Host Facility USD 100,000,000
MAC - Ras Al Zour Aluminum Complex - Aluminum Calciners USD 89,000,000
MAC - Ras Al Zour Aluminum Complex - Aluminum Refinery - Steel Storage Tanks USD 60,000,000
MAC - Ras Al Zour Aluminum Complex - Aluminum Smelter - Cast House USD 350,000,000
MAC - Ras Al Zour Aluminum Complex - Aluminum Smelter - Potlines (Phase 1) -
MAC - Ras Al Zour Aluminum Complex - Aluminum Smelter -Tank Farm USD 200,000,000
MAC - Ras Al Zour Aluminum Complex - Rolling Mill USD 2,500,000,000

Project Schedule

ScheduleContract Phase/PhaseDescription
Q1 2011 EPCITB issued
Mar 2011 EPCBids submitted
Apr 2011 EPCContract awarded to Samsung Engineering CompanySamsung Engineering CompanyLoading...
 
Bidders Awarded
*Incomplete list of bidders
May 2011 EPCEngineering started
Sep 2011 EPCConstruction of the facilities started
Q1 2013 CompletionProject expected to be completed
 
Maaden Aluminium Company
Owner 
Smint Al Sharqiyah Building, 1st, 2nd, 9th and 11th Floor, Al Khobar Highway, P.O. Box 32001, Al Khobar 31952, Saudi Arabia, Al Sharqiyah
Tel: +966 3-881-1970 | Fax: +966 3-881-1964
  • Name: Abdullah Busfar
    Position: Vice President, Aluminium SBU and Project Management
  • Name: Abdulaziz Al Halabi
    Position: Director Engineer
    Tel: +966 3-881-1970 ext:9377
  • Name: Essam Al Digheifer
    Position: Head of Procurement Department
    Tel: +966 3-881-1970 ext:9267
 
Samsung Saudi Arabia Company Limited
Contractor - EPC
Engineering Center, 7th Floor, 100 Road, Jubail Industrial City, Samsung Naffora Techno Valley, P.O. Box 35816, Jubail 31961, Saudi Arabia, Al Sharqiyah
Tel: +966 3-356-5900 | Fax: +966 3-356-5984,+966 3-356-5929 | Website: www.ssa.samsungengineering.com
 
Fluor Arabia Limited
PMC 
Fluor Arabia Building, King Abdulaziz Street, P.O. Box 3381, Al Khobar 31952, Saudi Arabia, Al Sharqiyah
Tel: +966 3-882-9292 | Fax: +966 3-882-6448
  • Name: Colin McKenzie
    Position: Vice-president & general manager, Fluor Arabia
  • Name: Larry Greer
    Position: Procurement Manager
    Tel: +966 3-882-9292 ext:2200
    Email larry.greer@fluor.com
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