Middle East Economic Survey

VOL. LII

No 31

3-Aug-2009

SAUDI ARABIA

SABIC Awards Samsung $300Mn Air Separation Contract

A subsidiary of Saudi Basic Industries Corporation (SABIC), the National Industrial Gases Company (NIGC), has awarded a lump-sum turn key contract worth $300mn to South Koreas Samsung Engineering for an air separation unit (ASU) to be located in Al-Jubail. Samsung said in a statement released on 28 July that the ASU would produce 3,550 tons/day of gaseous oxygen, 3,600 t/d of...