Riyadh, Saudi Arabia (July 15, 2003): National Industrial Gases Company (GAS), an affiliate of Saudi Basic Industries Corporation (SABIC), has awarded a lump sum turnkey contract for the engineering, procurement and construction of an air separation plant to Air Products Plc.
The plant will be constructed in Yanbu Industrial City and is scheduled for completion by the middle of 2005. The capacity will be 800 tons of oxygen per day.
Established twenty years ago, and based in Jubail and Yanbu, the National Industrial Gases Company produces oxygen, nitrogen, argon, and krypton-xenon.
Commenting on the announcement, Mohamed Al-Mady, Vice Chairman and CEO of SABIC, said: "As SABIC grows and moves towards its total production target of 48 million mt/y by 2010 we will need more oxygen as a feedstock for our downstream plants. I am pleased to say that this new contract will help supply some of that additional raw material."
-Ends-
Mohammad Al-Motawa
General Manager,SABIC Corporate Communications
© Press Release 2005
