Saipem awarded for first Egyptian polybutadiene plant

Saipem has been awarded a contract by Egyptian Ethylene & Derivative Co. (Ethydco) to build the first polybutadiene plant of the country.
The estimated value of the contract is for $150 millions and the expected capacity of 36,000 MT per year. Saipem and Petrojet will be jointly responsible for detailed engineering design, procurement and supply of equipment and materials, construction, pre-commissioning, commissioning up to successful start-up and performance testing.
According to the chief operating officer of the Saipem Onshore E&C Division Maurizio Coratella, this contract confirms Saipem as a partner of choice to support the sustainable development of Egypt.