No. 16



GASTo Build Industrial Gases Plant In Jubail

The National Industrial Gases Company (GAS) on 7 April signed a contract withGermany's Linde and Riyadh-based Linarco for the construction of a grassroots air separationplant in Yanbu', scheduled for completion in 27 months. The new plant will cost an estimatedSR400mn ($107mn) and will produce 438,000 tons/year of oxygen and 547,500 t/y of nitrogen. GAS,which is capitalized at SR124mn ($33mn) is owned 70% by the...