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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
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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