NO. 11


Saudi Arabia

Mitsubishi/Saudi Shinhwa Win Contract for Sharq's Expansion Project

The Eastern Petrochemical Company (Sharq) has signed a contract withMitsubishi Heavy Industries Ltd. of Japan and Saudi Shinhwa Company Ltd. (aSaudi-Korean joint venture) to double by early 1994 polyethylene productioncapacity to 280,000 tons/year at Sharq's Jubail plant. Mitsubishi will beresponsible for engineering, procurement and management, while Saudi Shinhwawill be in charge...