The Makkah Petrochemical Industries Co which is currently under construction, plans to offer 30% of its shares as initial public offering (IPO) in the first quarter of 2007.
Makkah petrochemical is allied with the Energy Allied International, one of the leading US-based consultancy companies in the field of petrochemicals with an experience in installing several petrochemical companies in the region, for the selection of the best strategic partners in establishing, commissioning and running the plants besides marketing the products internationally. The company will select the best offer from the several it has received for strategic partnership.
10-Oct-06 
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