VOL. XXXIV

NO. 9

3-DECEMBER-1990

Saudi Arabia's SABIC Plans Downstream Ventures Overseas

In addition to its moves towards downstream integration in the oil sector,Saudi Arabia is now also planning downstream ventures overseas in the sphere ofpetrochemicals. Mr. Ibrahim Ibn Salamah, Vice Chairman and Chief ExecutiveOfficer of the Saudi Basic Industries Corporation (SABIC), told MEES Editor IanSeymour in an interview in Riyadh last week that SABIC is planning to enter intodownstream petrochemical...