Middle East Economic Survey

VOL. XLVIII

No 19

9-May-2005

kuwait

KPC Awards $150Mn Coke Plant Contract To PCI

Kuwait Petroleum Corporation (KPC) and subsidiary Kuwait National Petroleum Company (KNPC) on 1 May awarded a 20-year contract to Kuwaiti-US joint venture Petroleum Coke Industries (PCI) for the manufacture of calcinated petroleum coke, which is a feedstock for the aluminum industry in the Gulf and elsewhere. The contract is significant in that it is the first award made by KPC to a private...