Sign in | Join free

Saudi- natpet, us firm ink deal for polypropylene joint venture

Saudi- natpet, us firm ink deal for polypropylene joint venture Source:
Date: 15-06-2012
Visits: 235
Very Poor

The National Petrochemical Industrial Co. (NATPET) has signed a deal with a US company for a 50-50 joint venture to produce polypropylene (PP) products, the Saudi Press Agency reported.

The new plant, to be located near NATPET facilities in Yanbu industrial city, will produce 100,000 tons of PP products per year which is to be split into two phases, according to the SPA.

The first phase of the project will cost SR 266 million, 40 percent to be funded from NATPET sources.

Saudi Industrial Development Fund (SIDF) and other local banks will finance next phase.
like 243 Unlike 27
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32366 Users
have already joined Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Enter the code
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
Members Login
Already registered
Forgot your password
golden fees
Enter your e-mail address
Choose your room