Kentz awarded US$32.7m contract by Ma’aden Alcoa Aluminium Joint Venture – 11 November 2011
London, 11 November 2011 – Kentz Corporation Limited, the holding company of the Kentz Engineering and Construction Group through its operating unit Saudi Arabian Kentz Co Ltd, is pleased to announce the award of a contract for the reduction area electrical and instrumentation on the Ma’aden Alcoa Aluminium Joint Venture.
The contract is worth in the order of US$32.7 million and was awarded to Kentz by Ma’aden Alcoa Aluminium Joint Venture.
Kentz’s scope includes the installation of 30 kilometres of power cable, low voltage and control cables, lighting fixtures, small power distribution system, instrument field devices and control equipment. The work also includes pre-commissioning testing through to mechanical completion, procurement of electrical and instrumentation equipment and bulk materials.
The contract will commence immediately and is scheduled to be complete in November 2013. It is anticipated to be in the order of 500,000 direct man-hours.
Kentz has been operating in Saudi Arabia since the late 1970s, executing projects in the oil and gas, petrochemical, mining and industrial sectors.
More at http://tiny.cc/b972g
Ma’aden was established as a Saudi Arabian joint stock company in March 1997 to facilitate the development of Saudi Arabia’s non-petroleum mineral resources and to diversify the Kingdom’s economy away from the petroleum and petrochemical sectors. Ma’aden is engaged in the development, advancement and improvement of all aspects of the mineral industry, mineral products and by-products and related industries in Saudi Arabia. In July 2008, Ma’aden offered 50 percent of the company’s shares for subscription in a successful SAR 9.25 billion Initial Public Offering. Ma’aden has progressed towards realizing its vision of building a world-class mineral enterprise and its mission of being a profitable, publicly owned, international mining company, while maintaining the utmost concern for human resources, health and safety, environmental and social issues.
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found atwww.alcoa.com.
About Ras Az Zawr
Ras Az Zawr is the location for Ma’aden’s minerals industry complex, a 77 square km site, 90km north of Al Jubail on the Arabian Gulf coast of Saudi Arabia. In addition to housing the alumina refinery, aluminum smelter and rolling mill for the Ma’aden-Alcoa joint venture, it is also the site for Ma’aden Phosphate Company’s integrated chemical and fertilizer facility currently near completion. The phosphate complex consists of a phosphoric acid plant, a sulphuric acid plant, an ammonia plant, a DAP granulation plant, a co-generation plant and desalination plant, as well as related infrastructure.