NO. 45


Saudi Arabia

SABIC Sets Up Marketing Affiliate In India

In a bid to strengthen its presence in India, the Saudi Basic IndustriesCorporation (SABIC) announced on 31 July that it had established a new affiliatebased in New-Delhi - SABIC India Private Ltd. - in which SABIC Europe, thecorporation's London-based marketing affiliate, holds a majority stake. SABIChas supplied its products to India for over a decade through a marketingagreement with Indian partners....