Word: bechtel
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...establishment of a Palestinian nation, which seemed to indicate that he was trying to separate Egypt's quarrel with Israel from Palestinian territorial demands that scarcely concerned Egypt. Only last week, in what seemed like the most conciliatory move of all, Cairo announced that the U.S.'s Bechtel Corp. had been chosen to construct a new $345 million pipeline between the Gulf of Suez and the Mediterranean (see ECONOMY & BUSINESS) even though Cairo and Washington have not had any formal diplomatic relations since...
...what Egyptian Oil Minister Ahmed Hilal described as "disgusting" bickering among themselves, besides insisting that they be paid in a bewildering assortment of currencies ranging from yen to pesetas. By contrast, Kidder's package was too good to pass up: the 207-mile pipeline would be built by Bechtel Incorporated of San Francisco, a vastly experienced international construction firm, and it would be paid for in dollars. Provided that the latest flare-up in hostilities ends in time, construction will begin early next year and is expected to be completed...
...Libya, upon which it has been heavily dependent for aid. Indeed, the line might even attract some business from a competitor: the Israelis' Eilat-Ashkelon pipeline. Still, the U.S. and Egypt are playing down the political possibilities. Egypt's government-controlled press has not even acknowledged that Bechtel and Kidder are American firms...
...plan is put into action, Occidental and San Francisco's Bechtel Corp. will build a huge chemical-plant complex in the Volga River city of Kuibyshev. It would produce up to 4,000,000 tons of liquid ammonia and 1,000,-000 tons of urea annually, which Occidental would get over a 20-year period in return for its investment...
...blue-ribbon corporations. Crusty AFL-CIO President Meany, who stormed off the Pay Board a year ago, has agreed to serve on the committee. So have Steelworkers President I.W. Abel, Teamsters President Frank Fitzsimmons, Seafarers President Paul Hall and UAW Chief Leonard Woodcock. The business members are Stephen Bechtel Jr., president of Bechtel Corp., a huge engineering and construction firm; Edward Carter, chairman of the Broadway-Hale department-store chain; R. Heath Larry, vice chairman of U.S. Steel; James Roche, retired chairman of General Motors; and Walter Wriston, chairman of New York's First National City Bank...