Middle East Economic Survey
VOL. XLVIII
No 11
14-March-2005
SAUDI ARABIA
New Private Joint Venture Petrochemical Project Planned For Al-Jubail
Three private firms in Saudi Arabia have announced plans to form a joint venture to establish a SR6bn ($1.6bn) cracker in al-Jubail Industrial City. The three firms are National Petrochemical Industrialization Company (NPIC), Sahara Petrochemical Company (part of the Zamil group, founded in August 2004 MEES, 30 August 2004), and Basell Holdings Middle East....
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