Corrected: Al-Waha completes financing for Saudi PP complex
22 November 2006 16:39 [Source: ICIS news]
Corrected: In the ICIS news story headlined "Al-Waha completes financing for Saudi PP complex" dated 15 November 2006 please read in the first paragraph ... for its proposed polypropylene complex ... instead of ... for its proposed polyethylene complex … A corrected story follows.
LONDON (ICIS news)--Al-Waha Petrochemical Company, the joint venture between Sahara Petrochemical Company and Basell, has received financing from six regional banks for its proposed polypropylene complex in Al-Jubail, Saudi Arabia.
Basell said in a statement on Wednesday that the 450,000 tonnes/year polypropylene plant and 450,000 tonnes/year propylene dehydrogenation unit were expected begin commercial production in the first quarter of 2009.
By: Mark Watts
+44 20 8652 3214
< previous article(VIDEO - ICIS news Asia Lunchtime Bulletin 2 November 2009)
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