Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

SAUDI ARABIA

Sipchem, NPC Form JV For Carbon Monoxide Plant

Saudi International Petrochemical Company (Sipchem) announced on 10 October it had signed a joint venture agreement with National Power Company (NPC) to build a carbon monoxide plant. It will have a 265,000 tons/year capacity and be located in the planned acetyls complex in the Jubail Industrial City. The complex, expected to start up in 2008, represents the second phase of...