Loan to Kuwait Styrene Co will be used for general business purposes, says National Bank of Kuwait
National Bank of Kuwait said on Tuesday it had provided a $280 million loan to Kuwait Styrene Co.
It did not elaborate on the length of the loan. The loan would be used for general business purposes, the bank said in a filing to the Kuwaiti stock exchange.
Kuwait Styrene Co was established in 2004 as a joint venture between Kuwait Aromatics Co and Dow Chemical Co.