NO. 40


Saudi Arabia

SABIC Forms New Marketing Affiliate In France

In a bid to expand its marketing capability in France, the Saudi BasicIndustries Corporation (SABIC) has acquired a majority shareholding in theParis-based ACP Amca Chimie et Plastiques which has represented SABIC'sinterests in France for more than eight years. The acquisition agreement cameinto effect on 1 July and the French company's name will be changed to SABICFrance. SABIC's marketing operations in...