VOL. XXXIX

No. 22

26-February-1996

SAUDI ARABIA

Zenel And Montell To Set Up Two Petrochemical Projects In Yanbu

Zenel Industries of Saudi Arabia and Montell of Belgium have signed a memorandum of understanding to establish two joint venture projects for the production of propylene and polypropylene at Yanbu. The first project will produce 250,000 tons/year of propylene, using propane feedstock supplied by Saudi Aramco. The plant will be operated by al-Fasil - a 50/50 joint venture...