VOL. XLVI
No 41
13-October-2003
SAUDI ARABIA
ENERGY FINANCE
International Methanol Company Secures $180Mn Loan
Saudi Arabias International Petrochemical Company (Sipchem) announced on 5 October that its subsidiary, International Methanol Company (IMC) had signed a $180mn project finance loan which is to be used to construct a 970,000 tons/year methanol plant in Jubail Industrial City. The lead arrangers on the loan include Riyadh Bank (facility agent), Saudi British Bank, Saudi Fransi Bank and Gulf...
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