Sabic’s Un-Saudi Problem

Camilla Hall reports for the Financial Times:

Saudi Basic Industries Corp, Saudi Arabia’s biggest publicly-traded company, has a very non-Saudi problem: striking workers.

The Riyadh-based petrochemicals behemoth is facing the wrath of the labour unions – not at home in the kingdom where such groups are banned but at its Chemicals Geleen plant in the Netherlands.

As the largest petrochemical maker in the world, Sabic, as it is known, is going to have to step up to tackle ever more international issues – such as this labour dispute which has already affected production at the plant.

International companies always have to deal with legal and social issues when they come to operate in Saudi Arabia. As more Saudi companies expand to become international businesses, they will have to deal with issues like this abroad.

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