Saudi SABIC project to be funded by four international companies


(MENAFN) Saudi Basic Industries Corp. (SABIC) will build two petrochemical plants through bids submitted by four international engineering companies, according to Arab News



Two-plant project will be funded by bids from South Korea"s Daelim Industrial, France"s Technip, Spain"s Tecnicas Reunidas and Taiwan"s CTCI



One of the plants is expected to produce up to 250,000 tons a year of methyl methacrylate monomer (MMA). The other will produce 40,000 tons of polymethyl methacrylate (PMMA)



MMA is widely used in transparent resins, cast sheets, paints and adhesives


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.