Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

Saudi arabia

Acetic Acid Plant With New SABIC-Developed Technology Launched

An acetic acid plant in Yanbu based on technology developed totally by Saudi Basic Industries Corporation (SABIC) was launched on 24 May by the Governor of the Madinah District, Prince Muqrin Ibn Abd al-Aziz Al Saud. The plant is located at the Arabian Industrial Fibers Company (IBN RUSHD) complex IBN RUSHD is owned 51.7% by SABIC, with the remaining shares held by...