VOL. XXXV
NO. 7
18-NOVEMBER-1991
General
GPIC Doubles Operating Profit in 1990
The Bahrain-based Gulf Petrochemical Industries Company (GPIC) - the jointventure owned by the Bahrain National Oil Company (Banoco), the Saudi BasicIndustries Corporation (Sabic), and Kuwait's Petrochemical Industries Company(PIC) - announced in its 1990 Annual Report, which has just been released, anoperating profit of BD13.8mn ($27mn), up from BD5.2mn ($13.8mn) in the previousyear. The report stated, without giving...
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