SABIC'sSubsidiary To Market Ibn Sina's Output
The marketingsubsidiary of the Saudi Basic Industries Corporation (SABIC) - SABIC MarketingLtd. - will take over the marketing of all the output from the National MethanolCompany (Ibn Sina) effective from January 1994. Ibn Sina is owned 50% by SABICand 25% each by Hoechst-Celanese and Panhandle Eastern, both of the US. Atpresent the foreign partners in the joint venture are responsible for marketingtheir...