VOL. XL

No. 48

1-December-1997

SAUDI ARABIA

Alujain, Ecofuel And Neste Oy Sign MTBE Agreement

Alujain Corporation of Saudi Arabia, Ecofuel of Italy and Neste Oy of Finland on 11 and12 November signed in Rome and Helsenki the joint-venture agreement to set up a plant witha capacity of 900,000 tons/year of methyl tertiary butyl ether (MTBE). In a statementissued on 25 November, Alujain said that the plant, which will be located in the Yanbuindustrial city, will be the largest grassroots MTBE...