Middle East Economic Survey

VOL. LIV

No 21

23-May-2011

SAUDI ARABIA

SABIC Signs MOU With Chinas Sinopec For Polycarbonate Plant

Saudi Basic Industries Corporation (SABIC) and China Petroleum and Chemical Corporation (Sinopec) have signed a memorandum of understanding (MOU) for collaboration in polycarbonate production in China, the Saudi company announced on 17 May. The companies plan to build a 260,000 tons/year polycarbonate plant under SABICs 50:50 joint-venture with Sinopec Sinopec...