METAL AND RECYCLING :Board Approves Commencement Of Works Of Plastic Factory In Mina Abdullah.Board Approves Contract Between Mrc, Knpc And Kipic In Respect Of Auction Awarded To Mrc.Will Purchase Spent Catalyst Generated By Sellers At Refineries.Will Collect, Handle, Transport, Process And Dispose Spent Catalyst And Recover Metals From Spent Catalyst.Term Of Contract To Be Signed Is For 20 Years.Board Approves Terms Of Contract That Include Building, Developing, Financing,Ownings And Operating A Facility In Kuwait For Implementing The Project, After Which Project Company Will Be Established..At Least 30% Of Total Capital Of Project Co Will Be Sold Through An Initial Public Offering.
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