VOL. XXXI
NO. 40
11-JULY-1988
SAUDI ARABIA
Saudi Investors Study Aluminium Smelter Project for Yanbu'
A group of Saudi private investors led by Xenel Industries and its subsidiarySaudi Cable Company have invited a large number of mainly local privateinvestors to participate in a $750mn project for the construction of an aluminumsmelter at the Red Sea industrial town of Yanbu'.
The plant, which will have an initial capacity of 240,000 tons/year rising to360,000 tons/year, will be operated by the...
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