VOL. XXXVI

NO. 43

26-JULY-1993

SAUDI ARABIA

Mobil/Saudi Private Sector MTBE Joint Venture Hits Commercial RegistrationSnag

The projected joint venture between Mobil and a group of Saudi privateinvestors to set up a plant at Yanbu' for the production of 835,000 tons/year ofmethyl tertiary butyl ether (MTBE) has evidently hit a significant snag with itsfailure to obtain a commercial registration license from the Ministry ofCommerce in Saudi Arabia. The license had been expected to be granted early...