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Bahrain firm to set up Saudi factory.


Byline: Manama

Bahraini firm Global Petrochemical Marketing Company (GPMC (1) (Group Policy Management Console) A Microsoft Management Console (MMC) snap-in for the Windows Server 2003 and XP (with .NET) operating systems. It is used to manage policy settings across multiple Active Directory domains. ) is to set up a factory in Saudi Arabia Saudi Arabia (sä`dē ərā`bēə, sou`–, sô–), officially Kingdom of Saudi Arabia, kingdom (2005 est. pop. .

It will also operate the 175,000 metric tonne per year thermoplastic A polymer material that turns to liquid when heated and becomes solid when cooled. There are more than 40 types of thermoplastics, including acrylic, polypropylene, polycarbonate and polyethylene.  compounds factory.

The plant, at the Rabigh Conversion Industrial Park, with an initial investment of $100 million, will be set up as a joint venture between GPMC, Aramco, South Korea's Sumitomo Chemical and Saudi Arabia's PetroRabigh, GPMC chairman and managing director Dr Mohamed Al Terkait told our sister newspaper Gulf Daily News.

He said the plant would be yet another addition to the rapidly expanding portfolio of the newly set-up GPMC.

'We hope to further our investments in Bahrain and other GCC GCC: see Gulf Cooperation Council.

(compiler, programming) GCC - The GNU Compiler Collection, which currently contains front ends for C, C++, Objective-C, Fortran, Java, and Ada, as well as libraries for these languages (libstdc++, libgcj, etc).
 countries in the very near future.'

A MoU was signed at the Gulf Hotel yesterday by Dr Al Terkait and company vice-chairman Abdullah Al Nojaidi, with Rabigh Conversion Industrial Park project manager Ahmed Bashaweih and Sumitomo Chemical general manager Kiyoshi Sawai.

The ceremony was attended by GPMC board members, company senior executives and Saudi Aramco Saudi Aramco, the state-owned national oil company of Saudi Arabia, is the largest oil corporation in the world and the world's largest in terms of proven crude oil reserves and production.  joint venture development department director Khalid Al Alagil.- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Mar 17, 2009
Words:198
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