VOL. XXXVIII

NO. 18

30-JANUARY-1995

Saudi Arabia

American AGIP Says Ibn Zahr MTBE Output Cut By 40%

American Agip Company, the US unit of Italy's Agip, announced on 26 Januarythat output of methyl tertiary butyl ether (MTBE) at the Saudi EuropeanPetrochemical Company (Ibn Zahr) joint venture plant in Saudi Arabia will be cutby 40% effective 1 February. Ibn Zahr is owned 70% by the Saudi Basic IndustriesCorporation (SABIC) and 10% each by Finland's Neste Oy, the Arab PetroleumInvestments...