Sabic Okays 2020 Plan; Aramco, Dow, Total Advance Saudi Projects

Sabic’s board of directors last week approved the company’s previously reported “2020” growth plan, which includes seeking further opportunities overseas, Mohamed H. Al-Mady, Sabic CEO, tells CW (CW, Jan. 24, p. 19). Al-Mady was speaking on the sidelines of the CW/SRI Consulting Annual Middle East Petrochemicals Outlook Conference, held in Dubai last week, where he delivered the keynote adress. “Our growth will depend on ourselves,” he says, citing feedstock limitations in Saudi Arabia that constrain the company’s growth...

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