VOL. XLII

No. 25

21-June-1999

SAUDI ARABIA

SABIC Announces Plans For Acetic Acid Plant

The Saudi Basic Industries Corporation (SABIC) announced on14 June that it intends to build a 200,000 tons/year acetic acid plant at theRed Sea industrial city of Yanbu. SABIC Vice Chairman and Managing DirectorMuhammad al-Mady said in Riyadh that the plant would be part of the ArabianIndustrial Fibers Company (Ibn Rushd) and was scheduled for commissioning by2004. He added that the acetic acid plant would...