Middle East Economic Survey

VOL. L

No 26

25-June-2007

SAUDI ARABIA

Kayan Closer To Market Launch, But May Wait For SABICs GE Plastics Acquisition Funding

Saudi Kayan Petrochemical Company is closer to approaching lenders for its $10bn project in al-Jubail after appointing the last of its engineering, procurement and construction (EPC) contractors and the successful close of its initial public offering last month (MEES, 14 May). The company has appointed South Koreas Samsung as EPC contractor on the...