New Delhi: Punj Lloyd’s wholly owned subsidiary, Sembawang Engineers and Constructors (Sembawang E&C), one of the largest engineering and construction companies in Southeast Asia, has been awarded a major turnkey contract worth $450 million for engineering, procurement and construction work at the new mega aromatics plant on Jurong Island.
The contract was awarded by Jurong Aromatics Corporation Pte Ltd (JAC) which had recently announced plans to develop the world-scale $2 billion JAC Complex that will produce energy and aromatics products to regional end-users as well as to global downstream producers and traders in the textile and plastics industries.
Under the terms of the contract, Sembawang E&C will be responsible for the engineering, procurement and construction of all the ancillary facilities, including the intermediary and finished product tankage, receiving and exporting jetties, power and steam co-generation plant, waste water treatment unit as well as other utilities and infrastructure which are necessary to provide support to the main conversion units.
Work on the JAC Complex will start in 2008 and is slated for completion in 2011. Upon completion, the JAC facility will have a capacity of around 1.5 million tonnes of aromatics, comprising 800,000 tonnes of para-xylene, 200,000 tonnes of ortho-xylene, and 450,000 tonnes of benzene, as well as about 2.5 million tonnes of petroleum products.
Alwyn Bowden, President and CEO, Sembawang E&C said, “This will be one of the largest privately-owned petrochemical projects in Singapore and the region. It will be a state-of-the-art industrial plant and infrastructure project.”
With this, the order backlog for the Punj Lloyd group on consolidated basis has gone up to Rs16,622 crore. This is the total value of unexecuted orders as of September 30, 2007 and new orders received till date.
Sembawang E&C, a 100% subsidiary of Punj Lloyd is one of Southeast Asia’s largest Engineering and Construction companies with a presence across Malaysia, Indonesia, China, India, Dubai, Abu Dhabi, Bahrain and the United Kingdom.