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Saudi Arabia's Sabic Considering Shale Gas Investments in U.S.

2015-07-26 14:57:01| Chemicals - Topix.net

Saudi Basic Industries Corp., the world's second-biggest chemicals manufacturer, plans to expand investment in U.S. shale gas projects through joint ventures, according to acting Chief Executive Officer Yousef al Benyan. Sabic, as the company is known, signed an agreement with Houston, Texas-based Enterprise Products Partners L.P. to get shale gas, al-Benyan said in an interview in Riyadh.

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