FINANCIAL NEWS

Saudi Marafiq grants USD392m deal to Veolia

03 Jul 2013

(MENAFN) France’s Veolia revealed that it signed a deal with Saudi-based Marafiq regarding a plant at the Sadara petrochemical facility, reported Arab News.

The utilities company said that the deal covers a period of ten years, and is worth USD392 million.

Veolia added that the project will lead to the production of 178 million liters of water on a daily basis for use in the plant’s cooling towers and boilers.

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