SABIC Auctions 141 Lots of Industrial Assets in Spain
2026-06-02 16:23
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en.Wedoany.com Reported - Saudi Basic Industries Corporation (SABIC) recently announced a public auction of its industrial assets at the La Aljorra production site in the Murcia region of Spain. These assets originate from the permanently closed LX2 polycarbonate plant and HPP plant.

This auction is part of the company's operational efficiency policy, aimed at disposing of excess inventory and warehouse backlogs, allowing advanced equipment to continue being used in other industrial plants. To ensure market transparency and competitiveness, SABIC has chosen the industrial asset disposal platform SURUS to conduct the transaction through its specialized portal Escrapalia. This move allows companies in the chemical, petrochemical, pharmaceutical, and water treatment industries to purchase critical equipment and put it into immediate operation.

The auction involves a total of 141 lots, divided into two special events. The inventory includes a large quantity of equipment made from highly corrosion-resistant materials, which are difficult to obtain on the primary market due to long lead times. Specific assets include: precision instruments, such as batches of flow meters and Coriolis sensors from brands like Emerson Micro Motion, Endress+Hauser, and Yokogawa; special valves, including control valves and process valves made from Gr7 titanium, Hastelloy C-22, AL6XN, and duplex stainless steel, encompassing Fisher technology equipped with DVC6200 digital positioners; tantalum components, such as Rosemount 3051S pressure transmitters and rupture discs from Continental Disc; and process equipment, including vacuum pumps and chemical pumps from manufacturers like Busch, SIHI, and Richter, as well as high-capacity industrial gearboxes (Hansen, JSW, SEW Eurodrive) and Siemens ATEX motors.

Auction details show that the sale includes two separate auctions, with bidding deadlines both set for June 25, 2026. One auction covers 115 lots of industrial plastic production equipment, including major assets such as valves, pumps, and instruments; the other involves 26 lots of various spare parts, focusing on technical spares, weighing equipment, and electrical components. Any interested company can register through Escrapalia to view asset details, request on-site inspections, and place bids. Through this initiative, SABIC optimizes logistics resources while reinforcing its commitment to sustainable development by reintroducing high-quality equipment into the industrial value chain, helping to prevent waste generation and promote energy and material savings.

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