Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

Saudi arabia

SABIC Accounts For More Than 80% Of Gulf Petrochemical Exports

The Saudi Basic Industries Corporation (SABIC) accounts for more than 80% of petrochemical exports from the Gulf with products produced and shipped by the company according SABICs Chairman, Prince Sa'ud ibn Abd Allah Al Sa'ud, in a statement published in the Annual Report 2004*. He added that the Eastern Province of Saudi Arabia was strategically important to the...