VOL.XXXVI
NO.50
13-SEPTEMBER-1993
SAUDI ARABIA
SABIC's Expansion Projects
In its 1992 Annual Report,the Saudi Basic Industries Corporation (SABIC) has provided details of some of itsexpansionprojectswhicharecurrentlybeingimplemented.
SABIC,it will be recalled,lastMarch announced that its net income for 1992 fell 14.4% toSR1,964mn($524mn)from
SR2,295mn ($612mn) in 1991 (MEES,15 March).Thecorporation in 1992 produced 15.7mn tons ofvariousproducts,up
19.8% from 13.1mn tons in 1991,and sold 12.5mn...
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