VOL. XXXIX

No. 30

22-April-1996

SAUDI ARABIA

Ibn Hayyan And Other Saudi Companies To Build New Plastics Plant

The National Plastic Company (Ibn Hayyan), which is 71.5% owned by the Saudi Basic Industries Corporation (SABIC), and three other Saudi companies on 9 April signed an agreement to establish a new joint venture which will build in the Jubail industrial zone a plant manufacturing a range of plastic products. The new venture - Ibn Hayyan Plastic Products Company - has a paid up...