Project Snapshot
National Chevron Phillips (NCP)
Facility Type: Petrochemical
Scope: New Construction
Owner: Saudi Polymers Corp. (Chevron Phillips; SIIG joint venture)
Location: Al-Jubail  Saudi Arabia
Region: Middle East
Modified:  November 05, 2008


Project description

In January 2008 Saudi Polymers Co. (SPC) began construction on an integrated petrochemicals complex near Al-Jubail, Saudi Arabia. SPC is a 50/50 joint venture between Chevron Phillips and National Petrochemical Co. (Petrochem), which is a wholly owned subsidiary of Saudi Industrial Investment Group (SIIG). The new facility will be the third petrochemical complex built by Chevron Phillips and SIIG at the al-Jubail industrial city, which is located on Saudi Arabia's Persian Gulf coast.

The $5-billion complex, National Chevron Phillips (NCP), will comprise a 1.2-million-tonne-per-annum (tpa) olefins cracker, a 1.1 million-tpa polyethylene unit; a 400,000-tpa polypropylene unit, and a 200,000-tpa metathesis facility, a 100,000-tpa 1-hexene facility, and two 550,000-tpa 1-hexene facilities. It will produce the following products: ethylene, propylene, polyethylene, polypropylene, polystyrene, and 1-hexene. The large majority of products from NCP will be purchased by a distribution company owned by Chevron Phillips and Petrochem.

Japan-based JGC Corp. will perform the engineering, procurement, and construction (EPC) services for the project's 1.2MM-tpa cracker, 200-kta metathesis facility, and 100-kta 1-hexene facility. Lummus will provide the cracker and metathesis technologies and Chevron Phillips Chemical will provide the 1-hexene technology.

Daelim Industrial Co., Ltd. of South Korea will provide EPC services for the 2 x 550-kta polyethylene trains, 400-kta polypropylene train, and 2 x 100-kta polystyrene trains.

According to a Chevron Phillips financial statement dated June 30, 2008, mechanical completion of the complex is scheduled for early 2011. Commercial production is expected to begin by the end of that year.

  Key Stats
Major units:
olefins cracker (1.2 MM tpa); metathesis facility (200 kta); 1-hexene facility (100 kta); 1-hexene facility (2 x 550 kta)
Products:
ethylene, propylene, polyethylene, polypropylene, polystyrene, 1-hexene
Cost:
$5B
Contractors:
JGC Corp. (EPC for 1.2 MM tpa olefins cracker, 200 kta metathesis facility, and 100 kta 1-hexene facility); Daelim Industrial Co., Ltd. (EPC for 2 x 550 kta 1-hexene facility; Lummus will provide cracker and metathesis technology; Chevron Phillips will provide 1-hexene technology)
  Related Articles
Chevron Phillips Announces EPC Contracts for Saudi Polymers
Dec 18, 2007 - Chevron Phillips said that Daelim Industrial Co., Ltd., of South Korea, and JGC Corp., of Japan, will provide the engineering, procurement and construction services for Saudi Polymers Co.'s NCP Project.
ChevronPhillips to Raise $1.8B for Saudi Plant
Dec 12, 2007 - Chevron Phillips Chemical Co. plans to raise as much as $1.8 billion in project finance by the first quarter of 2008 as part of plans to build a large petrochemicals complex in eastern Saudi Arabia, the company's chief executive said.



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