VOL. XLV

No 33

19-August-2002

SAUDI ARABIA

Al-Babtain Plans $16Mn Formaldehyde Project In Jubail

Al-BabtainArabian Company on 11 August announced plans for the establishment by end-2003of an SR60mn ($16mn) plant in Jubailto produce formaldehyde, a feedstock for the petrochemical industry, with aninitial capacity of 80,000 tons/year, rising gradually to 100,000 t/y. Thecompanys president, Khalid al-Babtain,told the Saudi daily Arab News that asuccessful feasibility study had been carried out by...