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Product category: Oil, Gas, Petrochemical Industry News
News Release from: SABIC
Edited by the Processingtalk Editorial Team on 22 September 2005

Samsung to supply Ethylene Glycol plant
in Jubail

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Korean Samsung Engineering Company contracts for engineering, supply and construction of a 700K MT Ethylene Glycol plant for Sharq at Jubail Industrial City

The SABIC affiliate, Eastern Petrochemical Company (Sharq), has entered into a contract with the Korean Samsung Engineering Company for the engineering, supply and construction of an Ethylene Glycol (EG) plant with an annual production capacity of 700K MT This forms part of the Sharq 3rd Expansion Project at Jubail Industrial City

Completion of this project is expected by 2008.

The contract was signed by Dr Abdulaziz Al-Jarboo, Sharq Chairman, on behalf of Sharq and Mr Yeon-Joo Jung, CEO, for Samsung Engineering Co.

Sharq is a joint venture equally owned by Saudi Basic Industries Corporation (SABIC) and SPDC, a Japanese consortium led by the government of Japan and a consortium of companies led by Mitsubishi.

The initial phase of production went on stream in 1985.

The Sharq complex then saw two expansion projects in 1993 and 2001 respectively.

Currently a third expansion project is underway to add 2.8 M MT of Ethylene, Linear Low Density Polyethylene (LLDPE) and high density polyethylene (HDPE).

Sharq is the world's largest single EG manufacturing complex.

Sharq is a leading company in the training of Saudi nationals, who now represent 97% of employees.

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