Loan for Saudi methanol plant

Journal Article · Wed Aug 14 00:00:00 EDT 1996 · Chemical Week

OSTI ID:539182

Saudi Methanol Co., a joint venture between Saudi Basic Industries Corp. (Sabic) and a consortium of Japanese companies, has signed a $150-million loan agreement with the Export Import Bank of Japan to finance its expansion program. The loan will fund construction of an 850,000-m.t./year chemical-grade methanol plant at Sabic`s Al-Jubail complex. The new plant is scheduled to come onstream in mid-1997. It and the company`s two existing plants will produce 1.4 million m.t./year.

• OSTI ID: 539182
• Journal Information: Chemical Week, Journal Name: Chemical Week Journal Issue: 31 Vol. 158; ISSN CHWKA9; ISSN 0009-272X
• Country of Publication: United States
• Language: English

Related Subjects

09 BIOMASS FUELS
29 ENERGY PLANNING, POLICY, AND ECONOMY
CAPACITY
CONSTRUCTION
EXPANSION
FINANCIAL INCENTIVES
FINANCING
JAPAN
METHANOL
METHANOL PLANTS
PRODUCTION
SAUDI ARABIA