German manufacturers warn of the sector's 'formidable crash'    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Inside a scam looting millions from Indians 'You are under digital arrest'    Hezbollah media chief killed in Israeli strike in Beirut    Slovakians rally against populism on anniversary of fall of Communist system    Zelensky's response muted after Biden OKs long-range missile use    Trump taps fossil fuel executive Chris Wright as energy secretary    Macron hosts Saudi business leaders to strengthen investments    King Salman to host 1,000 Umrah pilgrims from 66 countries    Foreign Minister leads Saudi delegation at G20 summit in Brazil    Alfanar Projects signs SR20 billion strategic contracts to drive energy sector transformation in Saudi Arabia    Huge draw at Riyadh Season with 6 million visitors in 5 weeks    Anthony Hopkins to debut exclusive musical performance at Riyadh Season    Saudi Arabia awarded hosting rights for the 6th UN World Data Forum 2026    Saudi national football team begins training in Jakarta ahead of Indonesia match    Jake Paul defeats Mike Tyson in lackluster showdown at Dallas Cowboys' home    Mike Tyson slaps Jake Paul during final face-off    South Africa's Mia le Roux pulls out of Miss Universe pageant    Riyadh lights up as Celine Dion and Jennifer Lopez dazzle at Elie Saab's 45th-anniversary celebration    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



SABIC Awards $ 400 Million Project To Chinese Company
Dhu Published in Saudi Press Agency on 14 - 11 - 2012

AlHijjah 29, 1433, Nov 14, 2012, SPA - Saudi Basic Industries Corporation (SABIC) announced that its subsidiary A-Jubail Company for Services and Storage of Chemical Products has awarded an investment project worth $ 400 million to Chinese Company Vopak for designing and constructing a storage terminal for handling and shipping at King Fahd Industrial Port in Jubail.
SABIC pointed out in a statement today that Al-Jubail Company is a joint venture between SABIC and Vopak Company by 75% and 25% respectively, noting that the storage capacity of the terminal is estimated at about 250,000 cubic meters after the completion of the project at the beginning of the year 2015.

Clic here to read the story from its source.