Middle East Economic Survey
VOL. LII
No 50
14-Dec-2009
SAUDI ARABIA
SABIC Aims To Triple Production Capacity By 2020
Saudi Basic Industries Corporation (SABIC) is aiming to triple its total production capacity within the next 10 years, according to statements made by CEO Muhammad al-Madi in Dubai on 7 December. Mr Madi said that the company was aiming to reach a production capacity of 130mn tons including petrochemicals, fertilizers and steel by 2020 through acquisitions and natural growth. Last...
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