Middle East Economic Survey
Israels Oil Refineries Agrees To Construct TMA Plant
Israels majority state-owned Oil Refineries and its wholly-owned subsidiary Gadiv Petrochemicals Industries have agreed to establish a $75mn plant to produce trimellitic anhydride (TMA), a product used in the polymers and paints industries. The export-oriented plant will take two years to complete and will use gasoline components as its main feedstocks. According to a Globes report...