Saudi Basic Industries Corporation (SABIC) received an 11-member delegation from the China Petroleum and Chemical Industry Association (CPCIA) at SABIC Headquarters in Riyadh.
Welcomed by Samir A. Al-Abdrabbuh, Vice President, Corporate Communications, the visiting group engaged in a program of information exchange and sharing insights on the current status of the petroleum and chemical industries, with special emphasis on enhancing trade and investment cooperation.
The Chinese group heard about the growing petrochemical industry globally and its impact on further growth in China and the rest of the world, from Abdullah S. Bazid, Executive Vice President, Strategy and Planning at SABIC. Also, Khaled Al-Mana, Executive Vice President, Polymers, briefed the Chinese visitors about SABIC's initiatives to upgrade its plastics portfolio.
The CPCIA delegation, led by Zhou Zhuye, Vice Chairman, presented detailed information about the three leading companies in the Chinese petroleum and chemicals sector: China Petroleum and Chemical Corporation (SINOPEC); PetroChina Company, Limited; and China National Offshore Oil Corporation (CNOOC). The Chinese group also presented suggestions for enhancing trade and investment with SABIC.
Saudi Basic Industries Corporation (SABIC)