Monday, Oct 17, 2011
ZURICH (Dow Jones)--- Power and automation group ABB Ltd (ABBN.VX) Monday said it has won the main automation contract for Sadara Chemical Company, a joint venture between affiliates of Saudi Arabian Oil Company (SOI.YY)and The Dow Chemical Company (DOW).
MAIN FACTS:
- Work is underway on establishing Sadara and the related integrated chemical complex in Jubail Industrial City, Saudi Arabia.
- When fully operational in 2015, the facility will be the largest plastics and chemicals production complex ever built in a single phase.
- All parties have agreed not to disclose the amount of the order.
- ABB was selected as the project's Main Automation Contractor (MAC). The scope of supply includes process automation systems, safety systems, project management, project engineering, commissioning assistance, post-commissioning site support, as well as engineering, operator, and maintenance technician training.
- "ABB's combination of leading-edge technology and extensive global and regional resources help it consistently execute large, complex projects like this one, so that our customers can operate successfully from the outset," said Veli-Matti Reinikkala, head of ABB's Process Automation Division."
-Zurich Bureau, Dow Jones Newswires, +41 43 443 80 47; zurichdjnews@dowjones.com
(END) Dow Jones Newswires
17-10-11 0929GMT
