The SK Advanced JV of Korea’s SK Gas (45%), Saudi private petchems firm Advanced (30%) and Kuwaiti state petchems firm PIC (25%) is partnering Korea’s PolyMirae –itself a JV between Korean conglomerate Daelim and US petchems firm LyondellBasell – to develop a 400,000 t/y polypropylene plant at Ulsan, Korea. Advanced announced on the Saudi stock exchange (Tadawul) last week that the partners have awarded Korea’s SK Engineering & Construction a 406.8bn Won...