SABIC
2010
-2.00%
78.40
-1.60
2010
Riyadh – Mubasher: Saudi Basic Industries Corporation (SABIC) said on Sunday it completed the formation of a joint venture with Korean petrochemical producer SK Global Chemical to produce polyethylene products.
The Tadawul-listed giant petrochemical firm said total investment is estimated at $640 million for the technology and plant construction.
It added that the financial impact cannot be assessed yet.
Source:
Mubasher