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