MOBIL, CHEMVEST STUDY SAUDI MTBE PLANT

Mobil Corp. is moving toward possible expansion of its downstream operations in Saudi Arabia. The company last week disclosed it expects by yearend to complete engineering studies with partner Chemvest, a Saudi petrochemical investment firm, for a methyl tertiary butyl ether plant. Likely site is Yanbu on the Saudi West Coast. If built, the plant would produce 800,000 metric tons/year (20,000 b/d). Mobil said that volume would place it among the world's largest MTBE plants.

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