VOL.XXXVIII
NO.28
10-April-1995
Oman
OmanSigns With Finnish-Norwegian Group For Petrochemical Complex Study
Omansigned on 3 April a letter of intent with the Finnish-Norwegian group BorealisA/S to study the
feasibilityof a $700mn joint-venture petrochemical complex in Oman, which would include agrassroots ethylene cracker and polyethylene (PE) production units. Thejoint-venture will include Borealis and some shares will be offered for publicsubscription. In an official statement to the press on...
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