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SAUDI ARABIA: CONSTRUCTION CONTRACT AWARD FOR PLANNED $50,000,00 TO $60,000,000 ANTIOXIDANTS PLANT, SHINWA [SOUTH KOREA] - Order #: 0371200.
WWP-Report on Engineering Construct & Plant Operations inthe Developing World
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March 1, 2000
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COPYRIGHT 2000 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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PROJECT OVERVIEW
An American/Saudi joint venture, operating under the name of GULF STABILISERS GROUP, is currently gearing-up to build a new antioxidants plant in Saudi Arabia. The partners in the planned undertaking include U.S.-based GREAT LAKES CHEMICAL CORP. and the local HA AL-ZAMIL & BROTHERS CO. In so doing, the consortium has now awarded a construction contract to SHINWA of South Korea.
According to the terms of the award, SHINWA will be responsible for building a facility with an installed production capacity of 5,700 tons per year. Product ...
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