Middle East Economic Survey

VOL. XLVIII

No 51

19-December-2005

KUWAIT

Boubyan Petrochemical Buys Omani PVC Pipe Company

Boubyan Petrochemical announced on 14 December it had acquired Omani PVC pipe and polyethylene manufacturer Mona Nur Industrial and Trading Company for $11mn. The Omani company exports pipes and polyethylene within the Gulf area and to Asia and Africa.