VOL. XLV

No 29

22-July-2002

SAUDI ARABIA

SABIC To Export 100,000 T/Y Of MTBETo Iran

Saudi BasicIndustries Corporation (SABIC) announced on 15 July that it had signed amemorandum of understanding (MOU) to supply Iranç—´Petrochemical Commercial Company International (PCCI) with 100,000 tons/year ofmethyl tertiary butyl ether (MTBE) over the next five years. Iranwill use the octane-enhancing MTBE to produce unleaded fuel as part of moves tolower vehicle pollution levels in Tehranand other cities....