Wednesday, August 09, 2006

Public Notice: Application for Petrochemical Facility in Saudi Arabia

Public Notice: Application for Petrochemical Facility in Saudi Arabia: "This notice is to inform the public that the Export-Import Bank of the United States has received an application to finance the export of approximately $480 million in U.S. equipment and services to a petrochemicals facility in Saudi Arabia. The U.S. exports will enable the petrochemicals facility to produce approximately 1.1 million metric tons of high-density polyethylene, 400 thousand metric tons of polypropylene, 200 thousand metric tons of polystyrene and 100 thousand metric tons of hexene-1. Initial production at this facility is expected to commence in 2011."

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