VOL. XXXIV

NO. 2

15-OCTOBER-1990

Bahrain

GPIC to Go Ahead with the Construction of $140mn Urea Plant

The Bahrain-Based Gulf Petrochemical Industries Company (GPIC) - the jointventure owned equally by the Bahrain National Oil Company (Banoco), the SaudiBasic Industries Corporation (SABIC), and Kuwait's Petrochemical IndustriesCompany (PIC) - is planning to go ahead with the construction of a $140mn ureafertilizer plant, despite the present situation in the Gulf area. GPIC atpresent produces ammonia...