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Kuwait Petrochemicals Company Sells Chlorine, Salt Plant to Private Sector

Published July 30th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Kuwait's state-owned Petrochemicals Industries Company (PIC) has sold its chlorine and salt plant to Kuwait's private sector for 10.8 million dinars (35 million dollars), a company official said Sunday. 

PIC assistant director general, Maha Mulla Hussein told the official KUNA news agency the plant, which has an annual production capacity of 75,000 tons of chlorine, was sold on July 24th to the highest bidder, Al-Ahlia Investment Company - KUWAIT CITY (AFP) 

© 2000 Al Bawaba (www.albawaba.com)

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