VOL. XXXVIII

NO. 19

6-FEBRUARY-1995

Saudi Arabia

Ciba Wins Saudi Epoxy Contract

The Arabian Industrial Development Company (NAMA)and Ciba's Polymer Division have signed an agreement to use Ciba's technologyfor NAMA's epoxy resins plant at Jubail. The plant, with an estimated cost of$40mn, will have a capacity of 20,000 tons/year and is expected to come onstream by end-1997. The construction contract for the plant is expected to beawarded in September 1995 with building starting in mid-1996. The...