VOL. XXXVII
NO. 24
14-MARCH-1994
Saudi Arabia
German/Australian Consortium Win Letter Of Intent For SABAYEK's Plant
The Gulf Ferroalloys Company (SABAYEK) has awarded a consortium composed ofMannesman Debag of Germany and BHP Engineering of Australia a $120mn letter ofintent for the construction of a ferroalloys plant at the industrial city ofJubail. The final contract is due to be signed at the end of March, a SABAYEKofficial said.
The plant, with a capacity of 75,000 tons/year of ferrosilicon,...
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