Middle East Economic Survey

VOL. XLVIII

No 39

26-September-2005

SAUDI ARABIA

Samsung To Build Sharq Ethylene Glycol Plant

SABIC affiliate, Eastern Petrochemical Company (Sharq), has entered into a contract with Koreas Samsung Engineering for the engineering, supply and construction of a 700,000 tons/year ethylene glycol plant as part of Sharqs third expansion project at Jubail Industrial City. Completion of this project is expected by 2008. Sharq is equally owned by SABIC and SPDC, a Japanese...