TITLE

Sabic inks deal with private firm

AUTHOR(S)
Gordon, Michael
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the partnership agreement entered into by Sabic with Kayan to become a strategic partner in Saudi Kayan Petrochemical Co. About 45% of the company will be offered in an initial public offering. Saudi Kayan intends to create an applications centre that will focus on the development of industrial products and applications. An agreement has been signed by Sabic with Deutsche Bank for the funding of expansion projects and investment.
ACCESSION #
20864487

 

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