VOL. XL
No. 50
15-December-1997
UAE
Abu Dhabi Approves Joint Venture Company For Ruwais Petrochemical Project
The Abu Dhabi Government has officially approved the company formed last year by theAbu Dhabi National Oil Company (ADNOC), 60%, and Borealis, 40%, to operate a projectedpetrochemical plant at the Ruwais industrial area. A decree to this effect was issued byAbu Dhabi's Crown Prince, Head of the Executive Council (Abu Dhabi Government) andChairman of the Supreme Petroleum Council (SPC),...
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