IHS Chemical Week

Regions :: Middle East :: Saudi Arabia

NatPet Settles Insurance Claims for Delays to PP Plant Start-up

6:24 AM MDT | August 11, 2010 | Natasha Alperowicz

Alujain Corporation (Jeddah, Saudi Arabia) has announced to the Saudi Stock Exchange, Tadawul, that its majority owned subsidiary National Petrochemical Industrial Co. (NatPet) has reached an agreement with insurance companies under which NatPet will be reimbursed SR46.5 million ($12.4 million) for its claims involving delayed start up of its polypropylene (PP) complex at Yanbu, Saudi Arabia. "NatPet has had intermittent operations over the past year," says Ankit Gupta, senior analyst/research at SICO (Manama), a Bahrain-based investment bank...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa