VOL. XLIII
No. 21
22-May-2000
KUWAIT
Al-Ahliya Investment Buys PICs Salt And Chlorine Plants In First Petrochemicals Privatization
Al-Ahliya Investment Company has bought the Kuwait Petrochemicals Industry Company (PIC) salt and chlorine units at the Shuaiba industrial area for KD10.8mn ($35.1mn) the first privatization in the countrys oil and petrochemicals sector. PIC, a wholly-owned subsidiary of Kuwait Petroleum Corporation (KPC), announced in April that the Supreme Petroleum Council had...
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