Saipem, leading a consortium with Egypt-based Petrojet, has been awarded an agreement by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with a required production capacity of 36,000 MT/Y.
The overall project value of the contract is approx 150 million USD.
Saipem and Petrojet have a long history of partnership in Egypt and will be jointly responsible for extensive engineering design, procurement, and provision of equipment and materials, construction, pre-commissioning, commissioning up to successful start-up and execution testing.
Saipem will contribute its key competencies as a leading solutions provider in the petrochemical sector, specifically in the elastomers segment.
The scope of work of the new rubber plant comprises one production train of Low Cis Butadiene Rubber and related facilities. Polybutadiene is a synthetic rubber with a high resistance to wear and is used in the manufacture of tires, which consumes about 70 per cent of all global production.