VOL. XLI

No. 14

6-April-1998

SAUDI ARABIA

Petrokemya Awards Mitsui $113Mn Contract For Ethylene Project

Mitsui Engineering and Shipbuilding Company of Japan and its Saudi subsidiary have wona contract worth more than 15bn ($113mn) for the olefins-III expansion project which isbeing implemented by the Arabian Petrochemical Company (Petrokemya), a wholly-ownedsubsidiary of the Saudi Basic Industries Corporation (SABIC). The expansion projectconsists of a flexible (propane or ethane) feedstock...