VOL. XXXVIII

NO. 36

5-JUNE-1995

Kuwait

PIC Studies Privatization Of Salt And Chlorine Plants

The Kuwait Petrochemical Industries Company (PIC) is considering theprivatization of some units in its salt and chlorine plants, according to Mr.Khalid Buhamra, the Chairman and Managing Director of PIC. He said that thecompany was studying "operations that can be privatized in theseplants."

PIC is a major supplier of chlorine to the Ministry of Electricity and Water(MEW) and Kuwait's water desalination...