NO. 32


Saudi Arabia

SABIC Is Looking At Joint Venture Projects, Says Planning Director

The Saudi Basic Industries Corporation (SABIC) is looking at possibilitiesfor joint-venture petrochemical projects with foreign investors to be set up inthe Kingdom and abroad, according to SABIC's Planning Director, Mr. Nasir al-Sayyari.In a briefing to a group of energy journalists at the end of April, Mr. Sayyariexplained that joint ventures, which will help strengthen SABIC's relations...