BUSINESS

SABIC signs construction deals with 9 companies

March 20, 2019

RIYADH — SABIC, one of the world’s largest diversified petrochemicals companies, recently signed contracts with nine construction contractors where eight of them are based on the Kingdom of Saudi Arabia.

The contracts, signed in Jubail, are designed for KSA site projects as part of the transformation journey with respect to KSA site projects procurement and execution with the objectives of:

• Enhancing EHSS culture

• More agility in site projects procurement and execution

• Enriched local content in SABIC KSA Site projects

Eng. Awadh Al-Maker, executive vice president shared services, and Nawaf Al-Zahrani, global procurement general manager, signed the contracts on behalf of SABIC.

Eng. Al-Maker stated, “SABIC is committed to fostering opportunities for the general construction industry aimed at stimulating local content and supporting promising sectors for future growth.

“By finding new opportunities for SMEs, enabling local investors and attracting global investments, SABIC will enhance EHSS cultural operation excellence and provide opportunities for downstream growth across the Kingdom.

“This is part of a national effort to enhance cooperation between the public and private sectors to support local content development and enable Saudi Vision 2030.”

He continued, “SABIC has a long history of outstanding relationships over the past years with these suppliers and always considered them as partners in the success that it has made in the chemical industry.

“SABIC is now taking its relationship with them to the next level and commencing new long-term alliances to achieve significant values for the companies, its customers and the Kingdom.”

Following is a list of the construction companies that have signed contracts with SABIC: H K Al Sadiq Sons Contracting Co Ltd., Sendan International Co Ltd., Global Sources for General Contracting, Al-Manar Arabian Corp., Jal International Co Ltd., Central Gulf Eng. & Tech. Sev (Zain Thermal), Abdullah Faleh Al-Dossary, Specialized Industrial Services Co Ltd., and The Third Chemical Engineering Construction Co of China (TCC). — SG


March 20, 2019
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