Yokogawa wins Saudi supply contract
Riyadh, October 22, 2012
Yokogawa Electric Corporation, a Japanese electrical engineering company, said its Saudi unit has won a contract to supply process control system for the Rabigh II project, a joint venture between Sumitomo Chemical and Saudi Aramco.
As per the deal, Yokogawa will supply its flagship products, the Centum VP production control system and the ProSafe-RS safety instrumented system for the petrochemical complex.
This is an indication that Yokogawa’s business partners acknowledge its success in the Rabigh I project and has full confidence in Yokogawa’s capabilities, said a statement from the company.
With phases I and II combined, this is the largest project for which Yokogawa has been selected in the Middle East, it added.
The Rabigh II Project, by expanding the ethane cracker and building a new aromatics complex, will use additional 30 million standard cubic feet per day of ethane and approximately 3 million tons per year of naphtha as feedstock to produce a variety of high value-added petrochemical products.
Each plant will be brought on stream as it becomes available for operation, beginning the first half of 2016.
Since the foundation of Yokogawa Saudi in 2006, the Japanese group said it has strengthened its engineering capabilities in the Kingdom through the course of several mega projects.-TradeArabia News Service