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SABIC and Sinopec invest in polycarbonate plant with 260 kilo metric tonnes capacity in China
Saudi Press Agency Published in Saudi Press Agency on 18 - 05 - 2011

Saudi Basic Industries Corporation (SABIC) and China Petroleum & Chemical Corporation (Sinopec Corp.) announced yesterday a Memorandum of Understanding (MOU) to collaborate on polycarbonate production in China.
This new agreement will add to SABIC's joint-venture with Sinopec, SSTPC (Sinopec SABIC Tianjin Petrochemical Company).
A joint investment between both companies will fund a new polycarbonate production plant with an annual capacity for 260 kilo metric tonnes.
Fully operational since 2010, Tianjin-based SSTPC (a 50:50 JV and established in October, 2009) produces various petrochemical products, including Ethylene, Polyethylene, Ethylene Glycol, Polypropylene, Butadiene, Phenol and Butene-1, among others.
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