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| General Electric sells plastics division to Saudi Arabian company ![]() GE Plastics is a global supplier of plastic resins widely used in automotive, healthcare, consumer electronics, transportation, performance packaging, building and construction, telecommunications and optical media applications. Headquartered in Riyadh, Saudi Basic Industries Corporation (SABIC) is the largest public company in the Middle East, ranked by market capitalization (currently US$ 80 billion), and one of the world's 10 largest petrochemicals manufacturers. The company is among the world's market leaders in the production of polyethylene, polypropylene, glycols, methanol and fertilizers as well as the fourth largest polymer producer. write your comments about the article :: © 2007 Construction News :: home page |