Sabic Starts Up Petchems JVs

Saudi 70mn t/y petchems giant Sabic has started up two JV plants at Jubail on the Gulf coast, part of Sabic’s strategy to “diversify our solutions” executive VP Abdulrahman al-Fageeh says .

With US partners Celanese and Duke Energy (jointly 50%), Sabic has completed a $400mn, 50,000 t/y polyacetal plant. This processes methanol feedstock from a Sabic affiliate in the same complex. Polyacetal is an engineering thermoplastic typically used to make precision components such as gears and bearings.

Sabic’s 50:50 Saudi Methacrylate (Samac) JV with Japan’s Mitsubishi Chemical has started up a $840mn plant to process ethylene to produce up to 250,000 t/y of methyl methacrylate, which in turn provides feedstock for the plant’s 40,000 t/y polymethyl methacrylate (PMMA) unit. PMMA is used a shatter-proof alternative to glass. (CONTINUED - 130 WORDS)