Middle East Economic Survey

VOL. LIII

No 51

20-Dec-2010

SAUDI ARABIA

SAGIA Sees Saudi Companies Among World Top Chemical Producers By 2015

By 2015, five of the worlds top 10 chemical producers will be from Saudi Arabia, according to 'Umar al-Madhi, Vice-President of Energy at the Saudi Arabia General Investment Authority (SAGIA). A press statement issued by software provider SAP on 15 December quoted Mr Madhi as saying: Enhanced supply from new refineries and increased investment in...