BCI board approves SAR 58M project award

26/01/2025 Argaam
One of BCI factories

One of BCI factories

Basic Chemical Industries Co.'s (BCI) board of directors approved the award of the second-phase expansion project for its Jubail Industrial City plant to ThyssenKrupp, according to a statement to Tadawul.

 

The contract, valued at €14.74 million (SAR 57.97 million), is expected to be signed on Jan. 29, the statement added.

 

For more news and details on the projects

 

The agreement covers the sale, supply, and provision of equipment, spare parts, and engineering as well as consultancy services for the chlor-alkali plant expansion.

 

It also includes a limited, non-exclusive, non-transferable license to use the technical and engineering know-how, as well as equipment related to plant operations.

 

BCI estimates the total expansion cost at SAR 89 million, covering construction work and utilities services.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.