VOL. XXXVIII
NO. 40
3-JULY-1995
Saudi Arabia
Alujain Evaluates Plans For Petrochemical And Mineral Projects
Alujain Corporation, the Saudi joint stock company set up in 1991 with afully paid up capital of SR173mn ($46mn), is in the process of evaluating fiveindustrial projects worth $2.5bn to be set up in the Kingdom. Announcing theplans, Alujain's Managing Director, Dr. Talal Bakr, said that each project willbe owned by a separate company in which Alujain will have a 30-40% stake.Details of these...
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