Saudi Petchem Firms Target Specialized Markets
Saudi petrochems producers are adding specialty chemicals to their portfolio as they target specialized end-users. Sipchem recently awarded an $160mn EPC contract to Germany’s ThyssenKrupp Uhde for a 63,000 tons/year polybutylene terephthalate (PBT) resin plant at Jubail with a view to end-2014 start-up. PBT is a highly specialized thermoplastic polymer used in manufacturing materials for the automotive,...
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