Wednesday, July 29, 2009

Natpet gets nod from the Saudi Public Investment Fund (PIF) for additional US$75 mln loan

Saudi Alujain’ subsidiary, National Petrochemical Company (Natpet), has received nod of approval from the Saudi Public Investment Fund (PIF) to procure additional financial loan of US$75 mln to financce its propylene and polypropylene complex located in Yanbu.

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