SABIC to win capacity race

Kovac, Matt
April 2007
ICIS Chemical Business;4/23/2007, Vol. 2 Issue 63, p12
Trade Publication
The article reports that Saudi Basic Industries Corp. (SABIC) will double its share of ethylene capacity to 20% of global production by 2011. This strategy will displace marginal ethylene producers worldwide. SABIC's advantage is in its ability to access cost competitive gas and oil. Higher oil prices have also increased SABIC's cost advantage on its ethane-based production.


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