17 Jan 2012
(MENAFN) The Saudi Basic Industries Corporation’s (SABIC) Vice Chairman and CEO, Mohamed Al-Mady, said that the firm inked a protocol of cooperation with China Petroleum and Chemical Corporation (Sinopec) to boost new investments in the petrochemical sector, reported Arab News.
Al-Mady added that the two firms would establish a new polycarbonate production complex, which would be located at the Sinopec SABIC Tianjin Petrochemical Company (SSTPC) in Tianjin, China, with an estimated capacity of 260 kilo metric tons per year.
He also said that the new polycarbonate output would be expected to meet growing demand in North East Asia, including China, adding that fulfilling that demand would be necessary for producing petrochemical materials from China’s manufacturing industries.
It is worth noting that polycarbonate is used for producing components for a wide array of consumer, industrial and commercial products, including automotive parts, household wares ad medical supplies.
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more