Saudi’s BCI shelves plant construction due to market conditions

Riyadh – Mubasher: Basic Chemical Industries (BCI) announced Wednesday that it decided to freeze a plan to construct xanthan gum factor in Jubail due to the current market conditions.

BCI earlier announced signing a memorandum of understanding CB Kelco on the construction and operation of xanthan gum factory region of Jubail in Saudi Arabia.

Mubasher Contribution Time: 30-Dec-2015 12:53 (GMT)