NO. 36


Saudi Arabia

SABIC Signs Licensing Agreement With Tecnimont For Ibn Rushd Plant

The Saudi Basic Industries Corporation (SABIC) and Italy's Tecnimont (an affiliate of Enichem) have signed a technology licensing agreement, under which Tecnimont's purified terephthalic acid (PTA) manufacturing process will be used by SABIC's affiliate, the Arabian Industrial Fiber Company (Ibn Rushd), at its Yanbu' polyester manufacturing complex. According to...