1. 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
  2. Saudi Electricity Company Appoints Advisors For IPP Program

    ...oduce 1,200mw, cost SR5bn ($1.3bn) to develop and start up in 2012; the Riyadh plant will produce 2,000mw, cost SR8bn ($2.1bn) and start in 2013; and the Qurayah plant will produce 2,000mw, cost SR8bn and start up in 2014.  SEC issued SR5bn of bonds in June, which came in oversubscribed (MEES, 23 Ju...

    Volume: 50
    Issue: 50
    Published at Mon, 10 Dec 2007