Saudi Tasnee seeks $2bn financingSaudi Arabia's National Industrialization Co (Tasnee) has begun talks with banks to secure financing for a $1.5 billion to $2 billion acrylic acid plant, according to a report. HSBC, Tasnee's financial advisor, is talking to local banks wh More… |
Linde, Samsung win $1.1bn Saudi acrylic dealA consortium of South Korea's Samsung Engineering Company and Germany's Linde has won an early construction deal for a Saudi-based acrylic acid complex expected to cost SR4 billion ($1.1 billion). Saudi subsidiaries of Tasnee Sahar More… |