VOL. XLIV

No. 19

7-May-2001

SAUDI ARABIA

SABIC Signs Three-Year EthyleneGlycol Supply Contract With South Korea

Saudi Basic Industries Corporation(SABIC) announced on 1 May that it has recently signed a three-year agreementwith Huvis of South Korea for the supply of 200,000 tons/year of mono-ethyleneglycol (MEG), representing 53% of the company痴 requirements. SABIC痴 two MEGmanufacturing affiliates, Jubail Industrial City-based Eastern PetrochemicalCompany (Sharq) and Saudi Yanbu' Petrochemical...