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SABIC's affiliate Sharq signs intent letters 2 Riyadh

Jubail, Saudi Arabia. These will be complete by the first quarter of 2008.
The letters of intent were signed by Mr. Mohammad Al-Jabri, SHARQ President, with executive representatives from Stone Webster Ltd., Samsung Engineering Company and Linde.
SHARQ is a joint venture equally owned by Saudi Basic Industries Corporation (SABIC) and SPDC Ltd, a Japanese consortium led by the government of Japan and the Mitsubishi group of companies.

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