New company to handle SABIC's financing & tax operations in Europe, US investments

15-Oct-08
Saudi Basic Industries Corporation (SABIC) has announced the establishment of a new wholly-owned company, SABIC Capital Ltd., based in the Netherlands. The new company will be primarily responsible for the financing and tax operations of SABIC's investments in Europe and USA following the acquisition of DSM Petrochemicals, GE Plastics, and other acquisitions.
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