Zamil Structural Steel awarded SAR 39M contract for the Ibn Sina POM plant in Jubail
Thursday, 11th September 2014
Zamil Structural Steel Company Ltd., a subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), has recently been awarded a contract worth about SAR 39.5 million (USD 10.5 million) by the Dragados Gulf Construction Company Ltd. to supply pipe racks and equipment-support structures for the National Methanol Company (Ibn Sina) polyoxymethylene (POM) plant project in Jubail Industrial City in the eastern region of Saudi Arabia.
According to the contract, Zamil Structural Steel Company will fabricate and supply over 4,500 metric tons of pipe racks, equipment-support structures and other steel products for the polyoxymethylene plant project owned by the National Methanol Company (Ibn Sina), a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC) in Jubail Industrial City.
The project is an expansion of Ibn Sina's existing operations and is a joint venture between SABIC and CTE Petrochemicals Company, which is owned by Duke Energy and the U.S. specialty materials company Celanese Corporation. The POM plant at Ibn Sina is expected to have an annual capacity of 50,000 metric tons. POM is primarily used in automobiles, electronics, food processing and other vital sectors that hold substantial value to Saudi Arabia's downstream sector development.
Known worldwide as the Middle East's leading structural steel fabricator, Zamil Structural Steel was established in 1983 to provide expertise in the fabrication and installation of structural steel and plate works for a wide range of industrial and commercial applications. The company has gained the confidence of major international engineering, procurement and construction contractors and has built a solid reputation among its customers as a preferred partner for structural steel solutions.