[Federal Register Volume 77, Number 161 (Monday, August 20, 2012)]
[Notices]
[Page 50102]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-20368]


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EXPORT-IMPORT BANK

[Public Notice 2012-0444]


Application for Final Commitment for a Long-Term Loan or 
Financial Guarantee in Excess of $100 Million

AGENCY: Export-Import Bank of the United States.

ACTION: Notice of 25 day comment period regarding an application for 
final commitment for a long-term loan or financial guarantee in excess 
of $100 million.

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SUMMARY: This Notice is to inform the public, in accordance with 
Section 3(c)(10) of the Charter of the Export-Import Bank of the United 
States (``Ex-Im Bank''), that Ex-Im Bank has received an application 
for final commitment for a long-term loan or financial guarantee in 
excess of $100 million (as calculated in accordance with Section 
3(c)(10) of the Charter).
    Comments received within the comment period specified below will be 
presented to the Ex-Im Bank Board of Directors prior to final action on 
this Transaction.

DATES: Comments must be received on or before September 14, 2012 to be 
assured of consideration before final consideration of the transaction 
by the Board of Directors of Ex-Im Bank.

ADDRESSES: Comments may be submitted through www.regulations.gov.

SUPPLEMENTARY INFORMATION:
    Reference: AP085466XX.

Purpose and Use

    Brief description of the purpose of the transaction:
    To support the export of U.S. services and equipment to Saudi 
Arabia.
    Brief non-proprietary description of the anticipated use of the 
items being exported:
    The U.S. exports will be used for the design and construction of a 
petrochemical complex.
    To the extent that Ex-Im Bank is reasonably aware, the item(s) 
being exported may be used to produce exports or provide services in 
competition with the exportation of goods or provision of services by a 
United States industry.

Parties

    Principal Suppliers: Kellogg Brown & Root Incorporated; Jacobs 
Engineering Group Incorporated; Foster Wheeler AG; Fluor Corporation.
    Obligor: The obligor is a special purpose vehicle anticipated to be 
named ``Sadara Chemical Company.''
    Guarantor(s): The Dow Chemical Company, Dow Europe Holding B.V., 
and Saudi Arabian Oil Company.

Description of Items Being Exported

    The items being exported are design work, construction services, 
technology licenses, chemicals, and steam generation equipment.
    Information on Decision: Information on the final decision for this 
transaction will be available in the ``Summary Minutes of Meetings of 
Board of Directors'' on http://www.exim.gov/articles.cfm/board%20minute.
    Confidential Information: Please note that this notice does not 
include confidential or proprietary business information; information 
which, if disclosed, would violate the Trade Secrets Act; or 
information which would jeopardize jobs in the United States by 
supplying information that competitors could use to compete with 
companies in the United States.

Sharon A. Whitt,
Agency Clearance Officer.
[FR Doc. 2012-20368 Filed 8-17-12; 8:45 am]
BILLING CODE 6690-01-P