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. (CONTINUED - 130 WORDS)