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Markets :: Basic Chemicals :: Petrochemicals :: Propylene

Tasnee, Nama, and Advanced Form Consortium for Jazan Refinery and Petchems Complex

9:45 AM MST | January 19, 2010 | Natasha Alperowicz

Tasnee, Nama Chemicals and Advanced Refining and Petrochemical Co. have submitted a joint bid to the Saudi Ministry of Petroleum and Mineral Resources (MinPet) for a previously announced private-sector, multi-billion dollar export refinery and petrochemical complex in the Jazan region of Saudi Arabia. Senior sources at Tasnee have confirmed to CW that the three firms, which have all previously prequalified for the project, have joined forces. A separate group, which has also prequalified, comprising Arabian Peninsula Co. and Corral Petroleum Holdings, a...

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