VOL. XXXVIII
NO. 47
21-AUGUST-1995
Bahrain
GPIC SignsLetter Of Intent With Mitsubishi For Urea Plant
The GulfPetrochemical Industries Company (GPIC) - owned in equal shares by the SaudiBasic Industries Corporation (SABIC), Kuwait's Petrochemical Industries Company(PIC) and the Bahrain National Oil Company (Banoco) - on 17 August signed aletter of intent for a $136mn turn-key contract with Japan's Mitsubishi HeavyIndustries Company for the construction of a 1,700-ton/day urea unit, at itsplant at...
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