VOL. XXXII

NO. 51

25-SEPTEMBER-1989

SAUDI ARABIA

Japanese/Korean Firms Win Contracts for al-Razi's Expansion Project

The Saudi Methanol Company (al-Razi) - a 50/50 joint venture between theSaudi Basic Industries Corporation (SABIC) and a consortium of Japanesecompanies led by Mitsubishi Gas Chemical Company - has awarded two contractsfor doubling the capacity of its Jubail complex from the current 640,000tons/year of methanol to 1.2mn tons/year. Mitsubishi Heavy Industries has wonthe main...