Kuwait/US/GCC Consortium Given Go-Ahead For Anode Plant Project
A consortium of Kuwaiti, US and GCC investors has obtained an Industrial License from the Public Authority for Industry in Kuwait to build, own and operate an anode plant in Kuwait with a planned capacity of 600,000 tons/year. The new venture will be called Gulf Carbon Industries Company, and will require investment of some KD120mn ($408mn). The Kuwaiti partner is al-Fada. One of the US partners...