Middle East Economic Survey
SABIC Plans $8Bn Investment For 60Mn T/Y Capacity By 2008
The Saudi Basic Industries Corporation (SABIC) has approved investments worth more than $8bn for both current construction and planned capacity additions in order to increase total production to 60mn tons/year by 2008, SABICs Chairman, Prince Sa'ud ibn Abd Allah ibn Thunayan Al Sa'ud, said in a statement published in the Annual Report 2003. After 25 years of operation,...
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