Saudi petrochemicals giant expands in China

Petrochemicals   Renewable Energy
By The Associated Press on April 6, 2012

Saudi Basic Industries Corp. has begun work on a $100 million technology center in Shanghai, focusing on alternative energy and new materials for the construction and auto sectors.

SABIC's CEO Mohammed Al-Mady said Friday the center would focus on helping design and create next generation alternative energy vehicles.

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Saudi Basic Industries
renewable energy
Shanghai
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