Badger said cumene is a precursor to the production of phenol and subsequently bisphenol A and polycarbonate.

Scope of the contract includes technology license, engineering, training and start-up services for the cumene plant, which is scheduled to come online in 2016.

Badger president Mark Healey said, "Rabigh Phase II is an impressive project in the growing petrochemical industry in the Middle East and Badger is proud to be associated with it."

"I believe Badger’s proven cumene technology will enable the Rabigh Phase II Project to achieve a low cost of ownership by leveraging long catalyst cycles and high operational reliability," Healey added.

Around ten million metric tons per annum of cumene capacity has been licensed by Badger and its predecessor companies since the technology was introduced in 1995.

Badger is a venture of affiliates of Technip and ExxonMobil Chemical Company.