英文: Saudi Basic Industries in talks with China cos on potential investments 1 E( I9 x; ^# j1 r/ [3 }
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Saudi Basic Industries Corp (SABIC) is in talks with companies in China over potential investments in the mainland, Fahad Al-Swailem vice-president of the company's polyolefins unit, said in a South China Morning Post report. 1 \( o9 F& A: L: F
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The company hopes to form alliances or co-invest with potential mainland partners on manufacturing as part of its strategy to tap the China market.
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"We are talking to a number of parties in China and we are optimistic that something will be happening in this area in the future," Al-Swailem said. 4 V( |. |4 b6 J) m; X/ H* n4 j; V
4 U, N! s: g7 x1 F( @' n& BHe declined to give details but added some of the potential partners include major Chinese petrochemical firms. : ]4 U8 n: K( h1 o% F$ t- p( P; o
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SABIC is interested in setting up a manufacturing presence in China for its ethylene, polyethylene and polypropylene products.
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. K) F# O% b6 |$ `2 @1 m) g3 DSabic is the world's third largest polyethylene producer and fourth-largest polypropylene maker
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中文:沙地石化巨擘冀与中国公司洽合作 / P* Y* D3 \0 s2 Q$ W4 L
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《南华早报》引述Saudi Basic Industries Corp (SABIC) 副总裁Fahad Al-Swailem称, 该公司正与一些中国公司洽商, 希望在大陆投资生产。 2 X8 _. q/ H% C7 k9 b
5 v; U( D% |3 Q; G: m- F3 |报道指, SABIC全球第三大聚乙烯生产商及第四大聚丙烯生产商。
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; m8 i4 S" N4 ]. m6 WFahad Al-Swailem拒绝透露详情, 仅称洽谈对象不乏国内大型石化集团 |