Sipchem loses cracker bidder

August 2007
MEED: Middle East Economic Digest;8/17/2007, Vol. 51 Issue 33, p11
Trade Publication
The article reports that U.S.-based Stone & Webster declined to participate in the bidding process for the contract to build the mixed feedstock cracker at Jubail planned by Saudi International Petrochemical Co. (Sipchem). This brings down the number of bidders to four. Germany's Linde, Paris-based Technip and two other U.S. firms, ABB Lummus Global and KBR, have until the end of 2007 to submit technical bids, with commercial offers due to follow by early 2008.


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