Media Center
Home Media Center
Saudi Basic Industries Corp (SABIC) will go ahead with building a petrochemical complex in southeastern China’s Fujian province, the company said in an exchange filing on Sunday, shoring up Saudi ties with China, the world’s top oil importer. The project, expected to cost around $6.4bn, will be developed in a joint venture with state-owned Fujian Fuhua Gulei Petrochemical.