Tel Aviv—The bankruptcy of Spain’s huge Abegona construction company has led to delays in the completion of Dead Sea Works’ new power plant at the Dead Sea, according to The Calcalist economic newspaper. The 250 megawatt power plant will replace an existing 110 megawatt plant and supply electricity to Dead Sea Works and other Israel Chemicals Ltd. production plants at the Dead Sea. It will replace an existing 110 megawatt plant. The new plant was due for completion by the end of last year, but the report said that it is not likely to be operational before the third or fourth quarter of this year at the earliest.
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