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Kuwait Styrene secures $280m NBK funding

KUWAIT, July 13, 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-Reuters
 




Tags: NBK | Funding | Kuwait Styrene |

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