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Nama Chemicals Company‘s subsidiary Jubail Chemicals Company (JAC) has signed two wastewater treatment contracts with a consortium comprising Green Dimension Co. and Confident Engineering International Co. for 119.54 million Saudi riyals ($31.78 million).
The first and second contracts, worth SAR56.53 million and SAR63 million respectively, involve engineering, procurement, and construction of effluent wastewater treatment units for calcium chloride and epoxy resin production plants in JAC, the company said in separate statements to the Saudi stock exchange.
The duration for the first contract is 18 months, the statement said without giving construction timeline.
Construction under the second contract will commence on 1 January 2023, with completion planned on 30 June 2024 the statement said. Pilot operation will start on 1 July 2024, with commercial operations planned from 1 September 2024, the statement added.
(Writing by D Madhura; Editing by Anoop Menon)
