Loan for Saudi methanol plant
Journal Article
·
· 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, Vol. 158, Issue 31; Other Information: PBD: 14 Aug 1996
- Country of Publication:
- United States
- Language:
- English
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