Monday 11 June 2012

Sabic’s ambitions reveal shrewd moves - FT.com

It is one of the world’s biggest companies, and one of the Gulf’s few global corporate players. But few users of products made by Saudi Arabian Basic Industries Company would know, or care, of the workings of the state-backed petrochemicals conglomerate.
Tapping away on their BlackBerry phone or cruising in a Range Rover, most are oblivious to the fact that the plastics, metals and chemicals used to create their favourite toys can be traced to the Riyadh-based company known as Sabic . From the luxurious to the banal, its products are used for everything from the majority of milk cartons in the UK to fertilisers in India.

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