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Affiliates
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International Gases Company (IGC)
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IGC is a limited liability
company registered in May 2005, owned 72% by
Sipchem , 25% by National Power Company (NPC) ,
a Saudi joint stock company and 3% by Ministry of Endowments.
The plant is designed to produce up to 340 thousand mtpa of Carbon Monoxide (CO), that will start commercial operation in the 4th quarter of 2008.
Saudi Aramco has agreed to supply Sipchem with natural gas to be used as feedstock for IGC plant.
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Products
IGC produces pure Carbon Monoxide (CO), a colorless, practically odorless, and tasteless gas or liquid.
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Applications
CO is an important industrial gas, which is widely used as a fuel. It is also an important reducing agent in the chemical industry.
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Technology
The LSTK contractor, Lurgi AG of Germany will procure and supply conventional methane steam reforming technology which involves widely adopted and commercially proven process. |
Marketing
IGC will be the dedicated supplier of CO to International Acetyl Company (IAC),
one of the affiliates of Sipchem. |
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