News
25 June 2024

JBIC funds Mitsui & Co's ammonia business in UAE

In:
Chemicals/Petrochemicals
Region:
Middle East & Africa

JBIC has penned a $12 million loan with Mitsui for ammonia production and sales business to be conducted through its UAE subsidiary Ammonia Project Company. The loan is co-financed with SMBC, bringing the total amount to around $27 million.The loan is intended to provide the funds necessary for...

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