SABIC, ExxonMobil consider Saudi synthetic rubber plant

04/26/2012 | Reuters

SABIC and ExxonMobil are evaluating the possibility of a synthetic rubber plant in Saudi Arabia. "The decision will be made in July, the tenders are out but it doesn't mean that the project is on. If the prices of bids are high, we won't proceed," said SABIC CEO and Vice Chairman Mohamed Al-Mady.

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