VOL. XXXVIII

NO. 32

8-MAY-1995

Saudi Arabia

NAMA Sets Up Joint Venture To Operate Caustic Soda Plant

The Arabian Company for Industrial Development (NAMA) and three otherpartners have set up the Arabian Alkali Company to operate a new 50,000 ton/yearcaustic soda plant which is to be built in the industrial town of Jubail. Theproject, which will cost an estimated SR105mn ($28mn), has been underconsideration by NAMA for a while, and last January the company selected Japan'sMitsui Engineering and...