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Kayan, Sinopec to establish alcohol plant plant in Saudi Arabia
23 August 2011: Saudi Kayan Petrochemical Compnay has signed a contract worth SR488m ($130m) with China's Sinopec to establish a natural alcohol plant in the Kingdom. The new plant of Kayan will have the production capacity of 50,000 tonne annually and is expected to commence during the second half of 2013.
Source: Ameinfo