VOL. XLI

No. 08

23-February-1998

SAUDI ARABIA

Saudi-German Venture To Set Up Petrochemical Project In Yanbu

A new plant to manufacture sodium tripolyphosphates is to be built in Yanbu by theRawafid Petrochemical Industries Company - a joint venture formed early this month bySaudi Arabia's Rawafid Holding Company (90%) and Germany's Babcock (10%). The jointventure is capitalized at SR105mn ($28mn) and the plant is scheduled to start up in twoyears. Sodium tripolyphosphates are used in...