VOL. XLVI
No 1
6-January-2003
SAUDI ARABIA
Chiyoda/Chiyoda Petrostar Awarded $240Mn Turnkey Contract For Jubail Methanol Plant
International Methanol Company (IMC), a subsidiary of joint-stock firm Saudi International Petrochemical Company (SIPC), announced on 23 December that it had awarded a turnkey contract, valued at around $240mn, for its 1mn tons/year methanol project in Jubail to Japans Chiyoda Corporation and Chiyoda Petrostar of Saudi Arabia. In August last year, the two companies were...
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