I’m opening up a contact form if anyone has any thoughts, ideas, something you want me to research or anything else you feel is relevant for.
Question: Do you know the value of the pending Saudi Deal?
Answer: From Q1 2013 call: Looking forward, we’re very encouraged by the MOU that we recently announced with Taiwan-based poly producer Powertec. Powertec expects to commence their next expansion in 2014. Under their schedule, we had expect to begin booking-related orders in the second half of 2014 with revenue contribution in 2015 and beyond. Powertec’s current plans are to add an additional 20,000 metric tons of capacity most likely in several stages. Assuming the project is split into 2 equal phases, we would expect the value of the initial order to be over $100 million.
We also remained involved in a number of Middle East projects and are highly confident of our ability to win a significant portion of this business if the projects move forward. These opportunities are incremental to the Powertec business and could represent an additional $300 million to $500 million of revenue for GT in 2016 and beyond.