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