Middle East Economic Survey
VOL. LIII
No 20
17-May-2010
SAUDI ARABIA
SABIC And Sinopec Begin Commercial Production At Tianjin Complex
Saudi Basic Industries Corporation (SABIC) and China Petroleum and Chemical Corporation (Sinopec) have commenced commercial production at their newly built petrochemical complex in Tianjin, northern China, they announced on 11 May. The $2.7bn facility, originally projected for start-up in the first quarter of the year, is a 50/50 joint venture. The complex...
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