VOL. XL

No. 18

5-May-1997

SAUDI ARABIA

Al-Razi Awards Mitsubishi Letter Of Intent ForMethanol Plant

The Saudi Methanol Company (al-Razi) announced on 29 April that it had signed aletter of intent with Mitsubishi Heavy Industries of Japan to construct an 850,000 ton/yearchemical grade methanol plant in the industrial town of Jubail. The new plant is the fourth tobe built at the al-Razi complex in Jubail. Under the letter of intent signed on 19 March, Mitsubishiwill be in charge of engineering and...