VOL. XXXIX No. 58 4-November-1996SAUDI ARABIA

SABIC Goes Ahead With Sharq's Expansion Project The Eastern Petrochemical Company (Sharq) - a 50/50 joint venture owned by the Saudi Basic Industries Corporation (SABIC) and the Saudi Petrochemical Development Company (SPDC), a group of Japanese companies led by Mitsubishi Corporation - has decided to build a world-scale ethylene glycol plant at its petrochemical complex in Jubail. SABIC's Vice Chairman and Managing Director,Mr.Ibrahim ibn...