VOL. XL
No. 10
10-March-1997
SAUDI ARABIA
Construction of Yanpet-2 Expected To Start In 3Q 1997
The Saudi Yanbu Petrochemical Company (Yanpet) - a 50/50 jointventure between the Saudi Basic Industries Corporation (SABIC) and Mobil YanbuPetrochemical Company, a subsidiary of Mobil Oil of the US - has completed the engineeringstudy for a major expansion project worth $2.5bn at its Yanbu petrochemical complex, SABICannounced on 5 March. Construction work on the project - Yanpet-2 - is expected...
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