Middle East Economic Survey

VOL. XLVIII

No 29

18-July-2005

Saudi Arabia

Construction Work Starts For Fujian Refining/Ethylene Project

A ceremony to mark the start of construction work for the $3.5bn Fujian Refining Ethylene joint venture project was held on 8 July in Quanzhou, China after shareholders initialed the joint venture contract and articles of association, according to a Saudi Aramco statement. The Fujian Refining Ethylene project is a joint venture between Fujian Petrochemical Company...