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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
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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