26 July 2006

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[Federal Register: July 25, 2006 (Volume 71, Number 142)]

[Notices]               

[Page 42092]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr25jy06-45]                         



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EXPORT-IMPORT BANK OF THE UNITED STATES



 

Economic Impact Policy



    This notice is to inform the public that the Export-Import Bank of 

the United States has received an application to finance the export of 

approximately $480 million in U.S. equipment and services to a 

petrochemicals facility in Saudi Arabia. The U.S. exports will enable 

the petrochemicals facility to produce approximately 1.1 million metric 

tons of high-density polyethylene, 400 thousand metric tons of 

polypropylene, 200 thousand metric tons of polystyrene and 100 thousand 

metric tons of hexene-1. Initial production at this facility is 

expected to commence in 2011.

    Available information indicates the following: The high-density 

polyethylene will be consumed in Asia, Europe, Africa and the Middle 

East; the polypropylene will be consumed in Asia, Western Europe and 

the Middle East; the polystyrene will be consumed in China, Africa, 

Europe and the Middle East; and the hexene-1 will be consumed in Saudi 

Arabia. Interested parties may submit comments on this transaction by 

e-mail to economic.impact@exim.gov or by mail to 811 Vermont Avenue, 

NW., Room 1238, Washington, DC 20571, within 14 days of the date this 

notice appears in the Federal Register.



Helene S. Walsh,

Director, Policy Oversight and Review.

[FR Doc. E6-11759 Filed 7-24-06; 8:45 am]



BILLING CODE 6690-01-P