Saudi Basic Industries Corporation (SABIC), one of the world's largest petrochemical firms, will purchase General Electric’s plastics arm to:
1. Combine SABIC's low-cost materials position and global reach with GE’s strong marketing and technology capabilities and
2. Gain access to 30,000 new customers across a range of different markets.
One man's meat is another man's poison or something nearly akin.
[Click here for full story at: BBCNEWS.COM]
Thursday, May 24, 2007
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