VOL. XLI

No. 40

5-October-1998

SAUDI ARABIA

SABIC To Supply MTBE To Egypt

The Saudi Basic Industries Corporation (SABIC) announced on 28September that it has won a tender from the Egyptian General Petroleum Corporation (EGPC)to supply 150,000 tons of methyl tertiary butyl ether (MTBE) during 1999. SABIC did notdisclose the value of the deal. This is the fourth consecutive year in which SABIC has wonthe tender. Egypt has been purchasing MTBE from SABIC since 1996 as part of its nationalprogram to...