Thursday, August 13, 2009

Mitsubishi Rayon, SABIC in JV for 250,000 tpa MMA plant in Saudi Arabia

Mitsubishi Rayon and SABIC have signed a letter of intent for a joint venture to build a US$1 bln methyl methacrylate (MMA) complex in Saudi Arabia. The 50-50 venture will use an ethylene-based MMA prrocess developed by Lucite.

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