SAUDI ARABIA

SABIC to Invest $4bn in 1985-90

In the period 1985-90, the Saudi Basic Industries Corporation (SABIC) plans to invest $4bn in fertilizer, mineral, plastic and petrochemical complexes producing some 3.7mn tons of products annually, according to Mr 'Abd al-Aziz al-Zamil, Saudi Arabia's Minister of Industry and Electricity and the Chairman of SABIC. Speaking recently in Tokyo at an International Symposium on the Future of the Chemicals Industry, Mr. Zamil said Saudi...