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  1. SAFCO Awards Saipem Contract For Jubail Fertilizer Plant

    ...2bn ($533mn). The plant is expected to start commercial production in the third quarter of 2014. SAFCO will utilize its own resources to finance the project, according to SABIC’s Chairman and CEO and SAFCO’s Chairman, Muhammad al-Mady. The new project, he said, “will strengthen SAFCO’s operational pe...

    Volume: 54
    Issue: 51
    Published at Mon, 19 Dec 2011

  2. SEC Finalizes $1.33Bn Islamic Financing With Local Banks

    ...ogram, which will see approximately SR21bn ($5.6bn) invested in three new power plants – at Rabigh, Riyadh and Qurayah – between April 2012 and April 2014, adding 5.2gw in new capacity (MEES, 4 October)....

    Volume: 53
    Issue: 51
    Published at Mon, 20 Dec 2010

  3. New Petkim Owners Plan Major Investments

    ...tkim to produce chemicals that Turkey now imports. Mr Aksoy also said the group would invest $4bn-5bn to build a new refinery with a 6mn-8mn tons/year capacity at the Petkim site that would come on-stream before 2014. The new investment includes developing the company’s port and teaming with Ge...

    Volume: 50
    Issue: 51
    Published at Mon, 17 Dec 2007