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Advanced Global Investment Company (AGIC), a subsidiary of Advanced Petrochemical Company, signed engineering, procurement and construction contracts with Tecnimont S.p.A and Tecnimont Arabia Ltd. for the construction of two polypropylene plants in Jubail II, Saudi Arabia. The contracts are valued at $485 million.
“AGIC has signed Engineering, Procurement and Construction Contracts with Tecnimont S.p.A and Tecnimont Arabia Ltd. for the construction of PP Plants to manufacture 800,000 tons per annum Polypropylene.”english.mubasher.info
Summarized from public sources; check the original articles before acting on it.