SAUDI ARABIA
 
SABIC Strategy Tracks Demographic Trends
 
By Nick Wilson in Saudi Arabia
 
Last year state-owned petrochemicals and industrial conglomerate Saudi Basic Industries Corporation (SABIC) rolled out its 2025 Strategy, which looks at dozens of options and is based to a large extent on investing overseas. At home the company faces feedstock restrictions due to the kingdom’s gas shortage, and the fact that its competitor and supplier Saudi Aramco has...