NO. 8


Saudi Arabia

Construction of Jubail Chemical Plant Starts

The cornerstone of a new plant in Jubail for the production of formaldehydeand formaldehyde derivatives was laid earlier this month. The plant is being setup by the Saudi Formaldehyde Chemical Company - a joint venture between privatesector investors from Saudi Arabia and the Gulf Cooperation Council (GCC)states, including the Saudi businessman Mr. Mazin al-Lahiq, al-Zamil Group, andYBA Kanoo Group (MEES,...