VOL. XLV
No 36
9-September-2002
SAUDI ARABIA
SABICs Jubail United Petrochemical Company FinallySigns $1.154Bn Loan
The JubailUnited Petrochemical Company (JUPC), a wholly-owned subsidiary of Saudi BasicIndustries Corporation (SABIC), finally signed an agreement on 29 August for a$1.154bn loan from a consortium of international and regional banks for theconstruction of a new petrochemical plant. Details of the loan were revealed inJanuary this year (MEES, 14 January)and signing was expected in the...
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