Middle East Economic Survey

VOL. LIV

No 39

26-Sep-2011

SAUDI ARABIA

SABIC Announces $1Bn Polycarbonate Plant Project In China

Saudi Basic Industries Corporation (SABIC) announced on 15 September a plan to build a $1bn proprietary technology polycarbonate plant at Tianjin City, China, with a production capacity of 260,000 tons/year. The project will help meet the growing demand for plastics in China, where annual demand growth for petrochemicals is expected to exceed 10% for the next 10...