VOL. XLII

No 47

22-November-1999

SAUDI ARABIA

SABIC Plans Petrochemical Production Of 48Mn Tons By 2010,Says Official

The Saudi Basic Industries Corporation (SABIC) plans toraise its total production capacity to 48mn tons/year by 2010, according to Mr.Fahd al-Shu'aibi, President of SABICs Polymers Group. Speaking at apetrochemical conference in Cape Town, South Africa, Mr. Shu'aibi said thatSABIC is in its third generation of growth. Between 1985 and 1998, productionhad grown from 7mn t/y to 25mn...