VOL. XXXIX

No. 34

20-May-1996

SAUDI ARABIA

Saudi Group Plans Acrylic Fibers Plant In Yanbu

Al'Isai Group of Companies has announced plans to build a new acrylic fibers plant in the industrial town of Yanbu with a capacity of 65,000 tons/year. The private sector plant will cost an estimated SR640mn ($171mn) and is scheduled to start up in mid-1998. The plant will be operated by an affiliate of the 'Isai Group, the Saudi Company for Acrylic Fibers Manufacturing, which has already...