Hijjah 16, 1431, Nov 22, 2010, SPA -- A contract was signed recently to facilitate allocation of a 396,000 square meter plot at the Yanbu-based King Fahd Industrial Port to build warehouses and tanks for storing solid and liquid petrochemicals, which are manufactured at SABIC factories located in Yanbu city. The products would be exported by containers via the Port. The contract was signed with "Emdad", a logistic company and an affiliate of Saudi Basic Industries corporation (SABIC). The signing ceremony of the contract followed a recent inspection visit conducted by Abdul Aziz bin Mohammed Al-Tuwaijri, the President of Saudi Ports Authority, who reviewed the work progress of the Yanbu-based King Fahad Industrial Port and Yanbu Commercial Port. He also inspected the work progress of operations and projects being executed at the two ports. The contract was signed by President of the Saudi Ports Authority, Dr. Hamoud Al-Saedi, director general of King Fahad Industrial Port in Yanbu and the SABIC's deputy executive chairman for legal and auditing affairs. --MORE
