VOL. XXXVII

NO. 24

14-MARCH-1994

Saudi Arabia

Binladen Group/Chinese Company Consider Fertilizer Plant In Jubail

Binladen Group of Saudi Arabia has awarded a letter of intent to the ChinaNational Technical Import and Export Corporation for the construction of a jointventure fertilizer plant in Jubail costing an estimated $350mn. The projectedannual output of the plant would be 330,000 tons of ammonia and 570,000 tons ofurea. According to a Binladen official, Saudi interests in the joint venture...