Bloomberg News

Sabic Aims to Become ‘Preferred’ Chemicals Supplier in China

October 31, 2011

Oct. 31 (Bloomberg) -- Saudi Basic Industries Corp. aims to become the “preferred supplier” of petrochemicals in China, Chief Executive Officer Mohamed Al-Mady said.

“We have embarked on a series of projects as part of our growth plans in China, including manufacturing and technology and innovation operations,” he said in an e-mailed statement today.

To contact the reporter on this story: Maher Chmaytelli in Dubai at mchmaytelli@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net


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