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Bahrain’s GPIC launches $1.5bn expansion project

Bahrain-based Gulf Petrochemical Industries Co (GPIC) has launched an expansion project aimed at nearly tripling the company's existing capacity through the addition of a new ammonia plant, a granular urea plant and urea granulation unit, together with utilities and associated offsite facilities, Daily Tribune has reported. Upon completion, the annual capacity would rise to 1.5 million metric tonnes with the total project cost estimated at $1.5bn, the company said.