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Tecnicas to Sign $1 Billion Saudi Contract -Paper - ASHARQ AL-AWSAT English Archive
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MADRID,(Reuters) – Spanish engineering company Tecnicas Reunidas and Saudi Kayan Petrochemical are set to sign a $1.18 billion contract in Saudi Arabia, El Economista reported on Monday, without naming sources.

The contract is to produce plastics and pharmaceutical products for a phenol plant in Jubail, Saudi Arabia, the newspaper said.

No one at Tecnicas Reunidas was immediately available for comment.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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