VOL. XXXII

NO. 30

1-MAY-1989

BAHRAIN

GPIC Plans to Build $100mn Urea Plant

The Bahrain-based joint-venture firm Gulf Petrochemical Industries Company(GIPC), owned equally by the Bahrain National Oil Company (Banoco), the SaudiBasic Industries Corporation (SABIC) and Kuwait's Petrochemical IndustriesCompany (PIC), is planning to build a $100mn plant to produce urea fertilizer,in addition to the 1,200 ton/day each of ammonia and methanol that GPIC isproducing at present. According to a statement on...