Trip seals China-Middle East deals

Lazell, Mark
May 2006
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p13
Trade Publication
The article reports on the meeting between China's President, Hu Jintao and Sabic chairman and ceo Mohamed Al-Mady, at Sabic headquarters in Riyadh, Saudi Arabia. Hu's trip coincides with Saudi Arabia looking at Asian countries to provide stable markets for its oil. It also sees China as a key growth market for petrochemicals. The countries' state-owned oil firms, Saudi Aramco and Sinopec, signed a memorandum of understanding to boost collaboration in crude oil treatment


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