The Saudi Arabian General Investment Authority (SAGIA) has recently issued four licenses for the implementation of petrochemical projects in the Industrial City of Jubail with a capital investment of SR 17.2 Billion for the production of ethylene, poly-propylene, benzene and fuel oil. SAGIA's Governor Amr Al-Dabbagh said the implementation of these projects will raise the Kingdom's share in the field of petrochemical industries at the world markets and open new horizons in the field of plastic industries.