Middle East Economic Survey

VOL. XLVIII

No 52

26-December-2005

SAUDI ARABIA

Technip Signs For Yansab Ethane Cracker

Technip announced on 20 December it had signed a contract with Saudi Basic Industries Corporation (SABIC) for the construction of a large-scale ethylene and propylene production plant at the Yansab complex in Yanbuʹ. The parties signed a letter of intent for the contract in May (MEES, 16 May). The contract covers basic and detailed engineering, procurement and supply of materials,...