November 2007
ICIS Chemical Business;11/12/2007, Vol. 272 Issue 18, p13
Trade Publication
The article offers news briefs related to the petrochemical industry. The expansion projects of ExxonMobil Chemical Co. in Saudi Arabia have been delayed due to high construction costs. Mohamed al-Mady, chief executive of Saudi Basic Industries Corp. (SABIC) stated that reaching the U.S. market for polymers, could be the greatest obstacle in the expansion of the company. SABIC holds a stake of 25% in petrochemical investments in Middle East and Gulf.


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