FINANCIAL NEWS

Germany, Saudi Arabia to boost petrochemical ties

19 Feb 2014

(MENAFN) Germany has announced its potential to boost ties with Saudi Arabia in petrochemical sector, according to Arab News.

The announcement was revealed in a meeting held between a German delegation and Abdullah Saleh Al-Hagbani, chairman of the International Cooperation Committee (ICC), secretary general of the Petrochemical Manufacturers Committee (PMC) and vice chairman of the Saudi Exports Development Center (SEDC) at the Council of Saudi Chambers.

Andreas Hergenroether, delegate of German Industry for Saudi Arabia, Bahrain and Yemen, said: “The reason for the visit is the fact that there”s a great potential in the Saudi petrochemical sector for German companies, especially for engineering and plant construction.”

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