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11 Jan 2009
Nama Chemicals announces that the Saudi Industrial Development Fund (SIDF) has approved on Tuesday 6 January 2009 a loan of SAR. 210 Million to its affiliated Company Jubail Chemical Industries (Jana) to finance the expansion project of Jana Epoxy plant by increasing its production capacity from 60,000 MT/Y to 120,000 MT/Y. This step comes in line with the Nama’s overall strategy aimed at vertical and horizontal expansion of its existing projects.
SIDF approves a loan of SAR. 210 million for Nama projects
Nama Chemicals announces that the Saudi Industrial Development Fund (SIDF) has approved on Tuesday 6 January 2009 a loan of SAR. 210 Million to its affiliated Company Jubail Chemical Industries (Jana) to finance the expansion project of Jana Epoxy plant by increasing its production capacity from 60,000 MT/Y to 120,000 MT/Y. This step comes in line with the Nama’s overall strategy aimed at vertical and horizontal expansion of its existing projects.
