Sabic Faces Anti-Dumping Case in Turkey, al-Watan Reports
Stock Chart for Saudi Basic Industries Corp (SABIC)
Saudi Basic Industries Corp. (SABIC), the world’s biggest petrochemical maker, faces an anti-dumping case brought by the Turkish government against its exports of monoethylene glycol, Chief Executive Officer Mohamed al-Mady told the newspaper al-Watan.
This is the only anti-dumping case pending at the moment against the company, known as Sabic, after the European Union and India dropped claims last month, al-Watan said, citing al- Mady. Sabic will look for further opportunities in India, which removed an anti-dumping duty on its polypropylene exports, al- Mady told the newspaper.
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