VOL. XXXI
NO. 15
18-JANUARY-1988
SAUDI ARABIA
SABIC's Profits Rise to $14mn in First Nine Months of 1987
The Saudi Basic Industries Corporation (SABIC) is expected to post a profitof some SR530mn ($141.33mn) in the first nine months of 1987, according toSABIC's Vice Chairman and Managing Director Mr. Ibrahim ibn Salamah. SABIC'sprofits rose from SR147mn ($39.2mn) in 1985 to SR243mn ($64.8mn) in 1986. At thesame time, its sales of various petrochemical products rose from 4.96mn tons in1985 to...
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