Saudi Private Sector Firms Build Isocyanates Complex at Yanbu

Three private-sector Saudi Arabian groups have teamed up to build an $800-million isocyanates complex at Yanbu, Saudi Arabia, CW has learned. House of Invention International (Jeddah, Saudi Arabia) is partnering with Sara Holding Co. (Riyadh) and Midroc (Jeddah) to build the complex, which will in its first phase produce 50,000 m.t./year of methylene di-para phenylene isocyanate (MDI) and of toluene diisocyanate (TDI), Mohammed O. Bafarat, manager/petrochemical business development at House of Invention tells CW. Completion of the first phase will likely cost...

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