VOL. XL

Issue No. 23

9-June-1997

SAUDI ARABIA

Al-Razi Awards Mitsubishi Contract For Fourth Methanol Plant

The Saudi Methanol Company (al-Razi) on 2 June signed a lump sumcontract with Mitsubishi Heavy Industries of Japan for the construction of an 850,000ton/year chemical grade methanol plant in Jubail. Mitsubishi was awarded a letter ofintent for the project in March (MEES, 5 May). The plant will be the fourth to bebuilt at al-Razi complex in Jubail and is scheduled to go on stream by May...