Friday, May 20, 2011

SABIC and Sinopec ink MoU to collaborate on polycarbonate production in China

Saudi Basic Industries Corporation (SABIC) and China Petroleum & Chemical Corporation (Sinopec Corp.) have inked a memorandum of understanding (MOU) to jointly produce polycarbonate in China. The two companies will jointly invest in the new 260,000 tpa polycarbonate plant to be operational by 2015.

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