英文： Saudi Basic Industries in talks with China cos on potential investments

Saudi Basic Industries Corp (SABIC) is in talks with companies in China over potential investments in the mainland, Fahad Al-Swailem vice-president of the company's polyolefins unit, said in a South China Morning Post report.

The company hopes to form alliances or co-invest with potentialmainland partners on manufacturing as part of its strategy to tap the China market.

"We are talking to a number of parties in China and we are optimistic that something will be happening in this area in the future," Al-Swailem said.

He declined to give details but added some of the potential partners include major Chinese petrochemical firms.

SABIC is interested in setting up a manufacturing presence in China for its ethylene, polyethylene and polypropylene products.

Sabic is the world's third largest polyethylene producer and fourth-largest polypropylene maker

中文：沙地石化巨擘冀与中国公司洽合作

《南华早报》引述Saudi Basic Industries Corp (SABIC) 副总裁Fahad Al-Swailem称, 该公司正与一些中国公司洽商, 希望在大陆投资生产。

报道指, SABIC全球第三大聚乙烯生产商及第四大聚丙烯生产商。

Fahad Al-Swailem拒绝透露详情, 仅称洽谈对象不乏国内大型石化集团
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