Al-Zamil Group and Basell Holdings Middle East Cooperation on Polypropylene Plant
The propane feedstock and the manufacturing site have been allocated from Saudi Aramco and the Royal Commission respectively. The selection of an EPC Contractor will be done in the next phase of the project. The mechanical completion of the plant is intended to be in 2007. The implementation of the project is subject to the necessary corporate approvals of both parties.
The investment for the overall Propylene-Polypropylene Complex is expected to be around US $550 million, equivalent to 2 billion Saudi Riyals.
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