IRAQ-OAPEC

Aradet Inaugurates 50,000 ton/year LAB PLant

The Baghdad-based Arab Company for Detergent Chemicals (Aradet) will inaugurate on 15 June the 50,000 t/y Linear Alkyl Benzene (LAB) plant at Baiji in central Iraq. Aradet was established in March 1981 with a declared capital of ID72mn, subscribed capital of ID60mn and paid up capital of ID36mn ($116.3mn) with a 32% share each for Iraq and the OAPEC-sponsored Arab Petroleum Investments Corporation (Apicorp), 10% each for Saudi...