Middle East Economic Survey
VOL. XLVIII
No 52
26-December-2005
SAUDI ARABIA
SABIC To Increase Output To 51Mn Tons In 2006
Saudi Basic Industries Corporation (SABIC) announced on 20 December that its Board of Directors had endorsed the 2006 corporate budget, adding that the companys annual production capacity would reach 51mn tons in 2006 due to the coming on-stream of a number of expansion projects. SABICs output reached 42.9mn tons in 2004 and the company still seeks to achieve an annual...
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