Bid & Tender
Kuwait Aromatics JV Secures $280mn NBK Funding

Date : Jul 14, 2016

Kuwait Styrene, a joint venture between Kuwait Aromatics Company and Dow Chemical Company, said it has secured a $280-million loan from the National Bank of Kuwait (NBK).

 

The loan would be used for general business purposes, the bank said in a filing to the Kuwaiti stock exchange.

 

Kuwait Styrene is the country’s first and only producer of styrene monomer.