Saudis and French Plan Joint Venture Lube Oil Plant

Jamjoom-French Lubricants Company - a joint venture between Ahmad Jamjoom of Saudi Arabia and Cofran Lubricants of France - plans to build a 6,000 ton/year lube oil blending plant in the Jiddah industrial area with start up targeted for early 1986. The blending plant project is currently in the design and engineering phase and there are plans to in- crease capacity to 9,000 tons/year later.