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FINANCIAL NEWS
Sipchem starts utility-unit operations
30 Sep 2013
(MENAFN) Tadawul website reported that utility and offsite units have started operation by Saudi International Petrochemical Company (Sipchem) in Saudi Arabia, according to Arab News.
In addition to that, operation commenced in some process units of ethylene vinyl acetates (EVA) and low density poly ethylene (LDPE) plants owned by the International Polymers Company.
Sipchem has completed the first phase of the project before the month of June 2013, it has announced.
Installation and testing of equipment is expected to be completed by the end of the current year for the initial startup of the phase.
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