NO. 8


Saudi Arabia

SVCG/Total Close to Finalizing Aromatics Project

A spokesman of Total-CompagnieFrancaise des Petroles has confirmed that the current discussions between hiscompany and the Saudi Venture Capital Group (SVCG) for the establishment of ajoint venture aromatics plant in Jubail, Saudi Arabia, are entering their finalstages (MEES, 29 May). A feasibility study is being carried out on the project,which will consist of a $300mn plant with an annual capacity...