SABIC Interested in Shale Gas

  • Author: ChemistryViews
  • Published: 13 November 2012
  • Copyright: Wiley-VCH Verlag GmbH & Co. KGaA
  • Source / Publisher: Saudi Basic Industries Corporation (SABIC)
  • Associated Suppliers: Saudi Basic Industries Corporation (SABIC), Riyadh, Saudi Arabia
thumbnail image: SABIC Interested in Shale Gas

SABIC is considering investments in the United States to capitalise on the shale gas boom there. Mohamed al-Mady, CEO of SABIC, sees a slowdown in the growth of petrochemicals in the short term in his home market. SABIC might look for investment or for joint ventures.

The company will continue to plan new projects in Saudi Arabia, such as a polyacetal (POM) plastic facility in Jubail and synthetic glass (PMMA/MMA) and carbon-fibre projects in Yanbu.


Article Views: 3184

Sign in Area

Please sign in below

Additional Sign In options

Please note that to comment on an article you must be registered and logged in.
Registration is for free, you may already be registered to receive, e.g., the newsletter. When you register on this website, please ensure you view our terms and conditions. All comments are subject to moderation.

Article Comments - To add a comment please sign in

Bookmark and Share

If you would like to reuse any content, in print or online, from ChemistryViews.org, please contact us first for permission. more


CONNECT:

ChemistryViews.org on Facebook

ChemistryViews.org on Twitter ChemistryViews.org on YouTube ChemistryViews.org on LinkedIn Sign up for our free newsletter


Magazine of Chemistry Europe (16 European Chemical Societies)published by Wiley-VCH