VOL. XXXVIII

NO. 39

26-JUNE-1995

Kuwait

Bubiyan Petrochemical Company Appoints Board of Directors

Kuwait's first private petrochemical firm - the Bubiyan Petrochemical Company(BPC) - has appointed a Board of Directors. BPC was set up last month to take a10% equity interest in the joint venture between Kuwait's PetrochemicalIndustries Company (PIC) and Union Carbide of the US (Equate) that is planningto construct a $2bn petrochemical complex for the production of ethylene,polyethylene and ethylene...