SABIC Takes Advantage Of International Appetite To Push ExpansionProgram
A raft of large upgrades for the affiliates and subsidiaries ofthe Saudi Basic Industries Corporation (SABIC), the flagship petrochemicals-to-steelmanufacturing group of Saudi Arabia, 70%-owned by the state, is expected through the restof 1997. Yanpet II, one of the largest ever financings in Saudi Arabia, with a totalproject cost of $2.5bn and a financing requirement of roughly...
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