VOL. XXXIX
No. 52
23-September-1996
SAUDI ARABIA
SABIC Sells MTBE To Egypt
The Saudi Basic Industries Corporation (SABIC) has stated that it will sell 80,000 tons of methyl tertiary butyl ether (MTBE), worth about $21mn, to Egypt in the next six months under a contract signed late in August. SABIC agreed in May 1995 to supply 120,000 tons of MTBE to Ssangyong Oil Refinery of South Korea, which is 35% owned by Saudi Aramco. SABIC also signed an agreement in April 1995 to supply 120,000...
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