3 Jun 2019 10:13
Results Of Board Of Directors Meeting
Alexandria Mineral Oils Company
Session No.( 9 ) held on Wednesday May 22, 2019
- Please be advised that a meeting for the Board of director of Alexandria Mineral Oils Company (AMOC) has approved the work of the second phase of the feasibility study of the VR processing produced by (AMOC) to be turned it into higher value lighter products to meet the local market demand and to keep up with the global changes by using low-sulfur fuel oil by 2020. Such study includes the timeline of the project in addition to the following:
· Licensor selection.
· Detailed marketing study.
· Bankable Feasibility study.
- As well as discussing general topics related to the ordinary business in AMOC.