NEBRAS

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Saudi Digital Library

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‎The term;Joint Venture; means collaboration between two companies or two entities. This cooperation depends on the type and philosophy of each company in building and executing specific projects in terms of financial, technical and commercial as well as other aspects.‎ ‎There is a prospective cooperation between the Government of the Republic of Iraq, represented by the Iraqi Ministry of Industry and Minerals, and the Saudi Basic Industries Corporation (SABIC) in the field of petrochemical industries since Iraq has a huge amount of the so-called associated petroleum gas (ethane) with which petrochemical products can be manufactured and produced.‎

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