Middle East Economic Survey

VOL. LI

No 29

21-July-2008

SAUDI ARABIA

SABIC To Market Saudi Aramcos Polyolefin Products In Fujian Joint-Venture

Saudi Aramco announced on 12 July that its wholly owned subsidiary Saudi Aramco Sino Company signed a mutual cooperation agreement with Saudi Basic Industries Corporations (SABIC) subsidiary, SABIC Shenzhen Trading Company, to market the latters 25% share (equivalent to 320,000 tons/year) of polyolefins produced by Chinas Fujian Refining and Petrochemicals...