Middle East Economic Survey
NATPET-Alujain Petrochemical Project Financing Nears Completion After Clearing Obstacles
The financing for the National Petrochemical Industrial Companys (NATPET) propylene and polypropylene complex in Yanbu' is nearing completion after clearing a number of obstacles, MEES learns. NATPET hopes to reach financial close on its $410mn commercial bank loan at the end of this month. The commercial loan is being provided by mandated...