VOL. XLI
No. 39
28-September-1998
SAUDI ARABIA
Ssangyong Group To Sell Stake In Oil Refining Company
South Koreas Ssangyong Group, the countrys sixth-largestconglomerate, has announced that it will sell its 28.4% share of the Ssangyong OilRefining Co. The move is the latest in a year-long effort by Ssangyong to restructure andsettle debts by selling its assets. The Ssangyong Oil Refining Co. is the third-largest inKorea, with a capacity of 443,000 b/d and a 13% share of the Korean market. Saudi...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!