BCI, German firm sign deal for new project

Riyadh – Mubasher: Basic Chemical Industries Company (BCI) inked on Wednesday an agreement with Germany-based ThyssenKrupp Uhde Chlorine Engineers to carry out the first phase of its chlorine derivatives project, according to a bourse statement.

Located in Jubail Industrial City, the project is estimated at SAR 520 million.

BCI signed an agreement last October with the Royal Commission for Jubail and Yanbu to allocate 200,000 square metres of land for the company’s future projects in the city.

Mubasher Contribution Time: 22-Mar-2017 13:56 (GMT)
Mubasher Last Update Time: 23-Mar-2017 05:29 (GMT)