Meanings of largest petrochemicals in inglés

Riyadh-headquartered SABIC, the world's fourth largest petrochemicals group, has operations in over 50 countries.

The company is considering acquiring a strategic stake in Saudi Arabia's SABIC, the world's fourth- largest petrochemicals maker.

But for the immediate future the world's largest petrochemicals firm by market value sees no improvement in petrochemical prices.

Chief Executive Yousef al-Benyan said the world's fourth largest petrochemicals company was evaluating investment opportunities in the United States, China, and Africa.

The company, the world's third- largest petrochemicals company, also has a $615 million bond maturing in 2015.

Proceeds from the sale of Riyadh-listed SABIC, the world's fourth largest petrochemicals company, are likely to help fund planned investments at home and abroad.

A Houston-based spokesman told Reuters that the world's third- largest petrochemicals company has a 30-day grace period to make the coupon before it falls into default.

The Middle East's largest petrochemicals producer Saudi Basic Industries slipped 0.3 percent and Riyad Bank shed 1.5 percent as the lender traded ex-dividend.

Situated in Caojing near Shanghai, SECCO is China's largest petrochemicals refinery and was built at a cost of $2.7 billion, according to BP's website.