Sabic signed joint venture for Jubail Acrylonitrile Project
After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East.
In order to benefit from existing infrastructures, the joint venture partners selected Sabic site at Al-Jubail Industrial City in the Eastern Province of Saudi Arabia to erect this first Acrylonitrile project.
The Japanese companies Asahi and Mitsubishi selected Saudi Arabia to build this new facility as they are willing tyo capture most of the growing demand for Acrylonitrile in the Middle-East and Africa markets.
After the completion of this new acrylonitrile plant, Asahi will reach 1.4 million tonnes per year (t/y), thus taking the global leadership of this market.
In addition, the joint venture with Sabic will secure competitive feedstock and energy cost to ensure the profitability of the Jubail Acrylonitrile project.
Considering that acrylonitrile is part of the buildings blocks to produce Acrylonitrile Butadiene Styrene (ABS), one of the most common technical plastic used in the automotive, consumers goods and all industrial applications.
Regarding the sodium cyanide, most of the applications rely on the metal mining, especially gold mining.
Daelim completed Jubail Acrylonitrile Project FEED
– 40,000 t/y of sodium cyanide
In 2012, Sabic, Asahi and Mitsubishi selected the South Korean engineering company Daelim Industrial (Daelim) to perform the front end engineering and design (FEED) for the Jubail Acrylonitrile project.
Based on the current tendering process, Sabic and its partners Mitsubishi and Asahi are planning to award the EPC contract for the Jubail Acrylonitrile and Sodium Cyanide project on the first quarter 2014 in targeting the first commercial operations to start in 2016.