Middle East Economic Survey
VOL. XLVIII
No 24
13-June-2005
saudi arabia
SABIC Outlines Structure Of Yansab Joint Stock Company
Saudi Basic Industries Corporation (SABIC) announced on 4 June that it was beginning a process of establishing a new joint stock company under the name Yanbu' National Petrochemicals Company (Yansab) with a fully paid up capital of SR5.625bn ($1.5bn). The company is the newest SABIC affiliate which will produce 4mn tons/year of ethylene, propylene, polyethylene, ethylene...
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