While entering competition over the petrochemicals market arises more and more among Gulf States’ goals, SABIC plans to build a petrochemicals plant in the city of Jubail on the gulf coast, after a similar plant in South Korea starts production by year-end, CEO Yousef Abdullah al-Benyan told Asharq TV on Tuesday. Al-Benyan added that the company views the Korean market as an opportunity to expand in Asia.
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