Senior Chinese official visits SABIC

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 November 4 as a strong sign of the company's growing business involvement in China. Mohamed Al-Mady, SABIC Vice Chairman and CEO, 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.  Expressing his views on the key visit, Mr. Al-Mady said that it reflects SABIC's strong commitment to the Chinese market and its growing business presence in China. 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 centre in Shanghai. The visit comes close on the heels of two recent delegations from China to SABIC. 
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