|
Covering major construction projects in the Middle East
|
|
 |
|
| Country |
: |
Saudi Arabia |
| Project Value |
: |
USD 300,000,000 |
| Sector |
: |
Industry | Cement |
|
Contractors |
: |
Orascom Construction Industries
|
Siemens Industrial Solutions and Services Middle East
(Supplier) |
Polysius
(Supplier) |
| Profile Type |
: |
Standalone Project
|
|
| Completed
|
|
Completion: 27 Feb 2010
|
|
|
|
| Owner |
: |
Al Safwa Cement Company
|
| Shareholders |
: |
Khayyat Group - Saudi Arabia - 50.00 %
Lafarge Cement - France - 50.00 %
|
| Location |
: |
Jabal Farsan, Jeddah, Makkah , Saudi Arabia
|
| Contract Type |
: |
Construction |
| Facility Type |
: |
Cement Plant |
| Capacity |
: |
1.4 million t/y cement |
|
| Background |
Al Safwa Cement Company plans to develop a cement plant in Jabal Farasan, 150 km northeast of Jeddah.
The plant will have a capacity of 1.4 million t/y cement.
Switzerland's PEG is the project consultant.
Orascom Construction is the subcontractor. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| 27 Feb 2010 |
Completion | Project completed
|
|
| Latest Events |
On 27 February 2010, the project was completed. |
| Previous Events |
In January 2010, commissioning was in progress.
In August 2009, the erection works were near completion and all major equipments were installed.
On 5 July 2009, commissioning started at the crusher.
In January 2008, OCI transferred its shares to Lafarge.
In December 2007, Siemens Industrial Solutions and Services Group (I&S) received an order from Orascom Construction IndustriesOrascom Construction Industries to engineer and supply all the electrical equipment for the cement plant.
In March 2007, OCI entered a 50:50 joint venture with Khayyat Group to build the plant.
In June 2006, Al-Safwa Cement Company signed a USD 250 milion contract with Polysius to supply equipment for the cement project.
In March 2006, the project was launched. |
| Scope of Work |
Construction of a cement plant including:
-rotary impact crusher
-a vertical roller mill for raw grinding,
-a 5 stage pre-calciner kiln system
-a high efficiency 2-stage grate cooler
-a horizontal ball mill for cement grinding
-a totally automated cement dispatch system for both bag and bulk transport |
| Financing Source |
The plant will be financed on a 70:30 debt/equity ratio.
Riyad Bank is the financial adviser.
The Law Firm of Salah Al-Hejailan and Freshfields Bruckhaus Deringer were appointed as legal counsels to financing parties of the project. |
|
| Schedule | Contract Phase/Phase | Description |
| Mar 2006 |
Planning | Project was launched
|
| Jun 2006 |
Construction | Polysius signed a mechanical supply contract
|
| Mar 2007 |
Planning | Joint venture formed
|
| Dec 2007 |
Construction | Siemens awarded electrical supply contract
|
| Jul 2009 |
Commissioning | Commissioning started
|
| 27 Feb 2010 |
Completion | Project completed
|
|
|
|
|
- SEARCH MIDDLE EAST PROJECTS
|
Talk To Zawya Analyst
Download to PDF