SABIC Announces Plans to Build Petrochemical Plant in Fujian, China to Strengthen Riyadh-Beijing Relations
Saudi Basic Industries Corporation (SABIC) announced that it intends to build a petrochemical plant in Fujian Province, southeastern China, to strengthen relations between Riyadh and Beijing. The company said in a statement, “The complex is capable of producing 1.8 million metric tons of ethylene annually, and aims to strengthen SABIC’s presence in the petrochemical industry … Read more