RIYADH, 15 February — Saudi Basic Industries Corp. has signed contracts with Iran and Egypt for exports this year of 260,000 tons of methyl tertiary butyl ether (MTBE), the company announced yesterday. The industrial giant's vice chairman, Fahd ibn Nasser, said 200,000 tons of the anti-pollutant would go to Iran and the rest to the Egyptian General Petroleum Corp., in the seventh consecutive annual deal with Egypt. The contracts are part of Iranian and Egyptian efforts to cut air pollution, a major factor in both Tehran and Cairo, he said. He gave no value for the two deals. (SPA)
SABIC signs MTBE export deals



