NO. 36


Saudi Arabia

Ibn Zahr Awards Letters of Intent for Expansion Projects

The Saudi European Petrochemical Company (Ibn Zahr) has awarded John BrownEngineers and Constructors of the UK a letter of intent to build Ibn Zahr's newpolypropylene plant at Jubail which is to cost an estimated $200mn. Finalizationof the contract is expected later in June. The new plant will have a capacity toproduce annually 200,000 tons of polypropylene using feedstock from a newethylene...