VOL. XXXVI
NO. 41
12-JULY-1993
SAUDI ARABIA
Saudi/Mobil Joint Venture Formed For MTBE Project
Arabian Chemical Investments Corporation a Saudi joint stock company, andMobil Petrochemicals Saudi Arabia Inc., a wholly-owned subsidiary of MobilCorporation, have set up the Arabian American Chemical Company Ltd. - a Saudilimited liability joint venture partnership - to own, construct and operate an835,000 ton/year methyl tertiary butyl ether (MTBE) facility in Yanbu' with anestimated cost of $800mn (...
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