SABIC

SABIC The Middle East is probably the most important enamor on the global petrochemical fabrication today and will hold on so for many years to come. However, prospects of a war in Iraq ar raising concerns, and logistical and feedstock challenges could hem in the regions growth. Saudi Basic Industries Corp., or SABIC, the studyity of which is owned by the Saudi Arabian government, has grown to 40.6 million metric tons of petrochemical proceeds and gross sales of $9 billion in 2002 to become the eleventh largest petrochemical producer in the world. Iran, through the government-owned National Petrochemical Co.

, has made its petrochemical industry a strong second to Saudi Arabia. Iranian petrochemical outfit was 12.5 million metric tones in 2001. A number of new(prenominal) countries in the region, including the united Arab Emirates, Kuwait, Qatar, Oman, and Egypt, have either completed major petrochemical projects or are planning them. SABIC, created 24 years ago to add prise to Saudi Arabias mas...If you want to get a full essay, evidence it on our website: OrderEssay.net

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