Middle East Economic Survey

VOL. XLVII

No 34

23-August-2004

SAUDI ARABIA

Sipchem And Eastman Sign Interim Acetyls Technology Agreement

Saudi International Petrochemical Company (Sipchem) and Eastman Chemical Company on 2 August announced they had signed an interim agreement for the latter to license its proprietary acetyl co-production technology to the former. The licensing accord is part of Sipchems plan to establish a world-scale acetyls complex through the expansion of its petrochemical complex...