VOL. XLIV

No 33

13-August-2001

SAUDI ARABIA

Al-Rajhi And UOP Sign $150MnAgreement For Al-Jubail Paraffin Plant

Al-RajhiInternational Contracting and UOP of the US have signed an SR560mn ($150mn)licensing and technology transfer agreement for the construction of a normalparaffin production plant at al-Jubail Industrial City. UOP will providetechnical information for the engineering design, construction, commissioningand operation of the 120,000 tons/year capacity plant. The Saudi Industrial...