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FINANCIAL NEWS
Saudi SABIC project to be funded by four international companies
05 Mar 2014
(MENAFN) Saudi Basic Industries Corp. (SABIC) will build two petrochemical plants through bids submitted by four international engineering companies, according to Arab News.
Two-plant project will be funded by bids from South Korea”s Daelim Industrial, France”s Technip, Spain”s Tecnicas Reunidas and Taiwan”s CTCI.
One of the plants is expected to produce up to 250,000 tons a year of methyl methacrylate monomer (MMA). The other will produce 40,000 tons of polymethyl methacrylate (PMMA).
MMA is widely used in transparent resins, cast sheets, paints and adhesives.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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