Basell set to take quarter share in Al-Jubail complex

Gordon, Michael
May 2006
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p23
Trade Publication
The article reports on the joint-venture agreement signed by Basell for a planned integrated ethylene and polyethylene (PE) complex in Al-Jubail, Saudi Arabia, with partners Tasnee and Sahara Olefins Co. Basell will have a 25% equity share in the project, and the remainder will be held by Tasnee and Sahara Olefins Co., in which Tasnee Petrochemicals and Sahara Petrochemical Co. are major shareholders and the Saudi Arabian General Organisation for Social Insurance is a minor shareholder.


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