(AFP, Kuwait City) - 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), 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 24 to the highest bidder, Al-Ahlia Investment Co.
© Agence France Presse 2000
© 2000 Mena Report (www.menareport.com)
