VOL. XXXVII

NO. 27

4-APRIL-1994

Saudi Arabia

Green Light For Jubail Soda Ash Plant

Meeting in Jiddah on 27 March, the founders of the Arab Mining andManufacturing Company (AMAM) decided to give the green light for theconstruction of a new 250,000 ton/year soda ash plant in Jiddah at a cost ofSR1bn ($267mn). AMAM's 72 founders include among others, Mr. Abd Allah MuhammadAlireza (30%), the Saudi Basic Industries Corporation (10%) and the Organizationfor Social Insurance (10%). The company is...