SAUDI ARABIA

Saudi’s Advanced Petrochemical Extends Japan/Belgium Deals

Saudi polypropylene producer Advanced Petrochemical Company has signed off-take agreements with Japan’s Mitsubishi Corporation and Belgium’s Domo Investment Group, to be effective from 1 January 2019 for 10 years following the expiry of existing off-take contracts.

The agreements cover a total 250,000 tons/year of polypropylene: 150,000 t/y for Mitsubishi and 100,000 t/y for Domo. 

Advanced...