Middle East Economic Survey
International Methanol Plant Begins Commercial Production
The International Methanol Company on 14 December announced that it had begun commercial production at its 970,000 tons/year plant at al-Jubail Industrial City, two months ahead of schedule. Project design and construction was carried out over the course of 28 months by Japans Chiyoda Corp. The project was financed through a $180mn club deal (MEES, 13 & 27 October...