SABIC And Paktank Set Up Terminal Services Company
SABIC Services Ltd., an affiliate of the Saudi Basic Industries Corporation(SABIC), and Paktank International Storage and Development of Holland haveformed a joint venture to operate and manage the port facilities used by theSABIC affiliates at King Fahd Industrial Port in Jubail. The venture, known asSABIC Terminal Services Company Ltd. (Sabtank), will be owned 75% by SABIC and25% by Paktank. Sabtank is...
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