Nov 05 2011 |
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Saudi Arabia: SABIC highlights strong partnership with China
RIYADH: The Saudi Basic Industries Corporation ( SABIC ) received a senior Chinese official, He Lifeng, vice party secretary of Tianjin City government, at its headquarters in Riyadh on Friday in a strong sign of the company's growing business profile in China.SABIC Vice Chairman and CEO Mohamed Al-Mady received the official and his delegation, which also included Xu Hongxing, president of the SINOPEC SABIC Tianjin Petrochemical Company.
The Chinese dignitaries watched a corporate film and a presentation, and attended a lunch reception hosted in their honor.
" SABIC has embarked on a series of growth initiatives in China, including a new partnership with Sinopec to build a polycarbonate plant in Tianjin and a new research center in Shanghai," he added.
Lifeng, was the party secretary of Fuzhou city and Xiamen before he was promoted to his current post. He was also the Xiamen City director of treasury, and later vice mayor.
SABIC has 17 offices in the Greater China Region, three manufacturing plants in Shanghai, Guangzhou and Tianjin, and a Technology & Innovation Center in Shanghai, and employs over 900 staff.
© Arab News 2011
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