Middle East Economic Survey
VOL. LIII
No 15
12-April-2010
SAUDI ARABIA
SABIC And Celanese Sign Agreement For $400Mn POA Plant
Saudi Basic Industries Corporation (SABIC) has signed an agreement with Texas-based Celanese Corporation for the construction of a $400mn polyacetyl (POA) production facility, it announced on 1 April. The facility will have a production capacity of 50,000 tons/year and be built at the SABIC affiliate National Methanol Company (IBN SINA) complex in Jubail industrial city,...
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