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 50,000t. POM is primarily used in automobiles, electronics, food processing and other vital sectors that hold substantial value to Saudi Arabia’s downstream sector development.
Zamil Structural Steel Company, a subsidiary of Zamil Industrial Investment Co. (Zamil Industrial), was awarded a USD 10.5M contract by the Dragados Gulf Construction Company 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 4,500t of pipe racks, equipment-support structures and other steel products for the POM plant project owned by Ibn Sina, a manufacturing affiliate of the Saudi Basic Industries Corporation (SABIC) in Jubail Industrial City.