TITLE

Market warms to GE Plastics sale

PUB. DATE
May 2007
SOURCE
MEED: Middle East Economic Digest;5/25/2007, Vol. 51 Issue 21, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the acquisition of GE Plastics by Saudi Basic Industries Corp. (Sabic). The sale has been met with approval by the markets. Industry analysts are equally positive, arguing the purchase will give Sabic greater access to the core U.S. market, where GE Plastics has most of its operations, greater experience in speciality products, and allow it to position itself for polycarbonate production from the planned Saudi Kayan Petrochemical Co. complex in Jubail, Saudi Arabia.
ACCESSION #
25763992

 

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