SAUDI ARABIA

SABIC's Ibn Zahr Plant Is more than 60% Complete

According to the Vice Chairman and Managing Director of the Saudi Basic Industries Corporation (SABIC), Mr. Ibrahim ibn Salamah, construction of its joint-venture plant at Jubail to manufacture 500,000 tons/year of methyl tertiary butyl ether (MTBE) is more than 60% complete. The plant is being built by the Saudi European Petrochemical Company (Ibn Zahr), a joint venture owned 70% by SABIC and 10% each by Neste 0y of...