Veolia pens $2.6mn renewal with SipChem
French firm extends Saudi wastewater management contract by two years.
Veolia has signed a $2.6mn two-year contract extension with SipChem for wastewater treatment at a petrochemical plant in Saudi Arabia.
The French firm was originally awarded a five-year operations and maintenance deal in 2009 for the company’s Acetyl plant in Jubail Industrial City.
Veolia will continue to oversee the operation of the complex facilities capable of treating 21 types of different polluted flows, it said in a statement.
Work also involves monitoring the final overflow quality after blending of both streams and “Achieve RC Environmental Regulation for the blending of both phase 1 and WWTP outlet”.
Ahmad A. Al-Ohali, CEO of SipChem, said: “Since the launch of the project in 2009, Veolia have worked effortlessly to create an environment in which our products and services can be produced efficiently.
“This relationship is crucial to the success of this project, as Saudi Arabia seeks to invest further in an expansion plan in petrochemicals and chemicals.
“It is important we become less dependent on crude revenues alone and realize the importance of processing energy resources, the operation of the acetyl complex is key to this process.”