Syria Business 2004/4/18
Daaboul launches major
Syria's Daaboul Economic Group has launched, in partnership
with Saudi Arabia's al-Rajhi a 40,000 tonne
Linear Alkyl Benzene (LAB) plant, the second largest plant
of this type in the region in terms of production capacity and
the 23rd in the world.
LAB is the major feedstock required to produce all kinds of detergents, from liquid soap to dishwasher powder.
The United Joint Stock Company for Petrochemical Industries is a SYP 2.3 billion (US$ 44 million) investment and will help in the integration of the Daaboul Economic Group (DEG) which is the largest producer of detergents in Syria, offering laundry powders, dishwashing paste, and cleaning and disinfecting liquids. Daaboul Detergents already produces 35,000 tonnes a year (t/y) of powder, 15,000 t/y of paste, and 15,000 t/y of liquid cleaners.
Syria, Russia sign 2.7bn dollar deal to build oil complex in Syria
Minister of Petroleum and Mineral Resources Dr Ibrahim Haddad and Director General of the Russian Company for Investment Credit Line Pyrev Nizami signed a memorandum of understanding to build a 2.7bn dollar oil complex consisting of an oil refinery and a petrochemical complex in the Syrian province Dayr al-Zur.
He added that the by-products of the complex will be various, such as home gas, polyethylene, polypropylene, gasoline and octane as items very important for chemical industries in Syria.