in this issue
Regions :: Middle East :: Saudi Arabia
Saudi Acrylics Co. Signs Loan Agreement for Jubail Project
7:21 AM MST | February 5, 2012 | Natasha Alperowicz
Sahara Petrochemicals said Sunday that its affiliate, Saudi Acrylic Monomers Company (Samco) signed a SR 600 million ($160 million) loan agreement with Saudi Industrial Development Fund (SIDF) to help finance a previously announced acrylic acid and derivatives complex, which is being built within the Tasnee Petrochemicals site at Jubail. It will be designed to produce 145,000 m.t./year of acrylic acid, 145,000 m.t./year of butyl acrylate and 85,000 m.t./year of pure acrylic acid. The loan will be repaid after three and a half years from the date of signing at...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee