06.04.2010 • NewsPetrochemicalscooperationSABIC

Saudi Sabic-Japan JV Starts Output at Expanded Unit

Saudi Basic Industries (Sabic) said it started on April 1 commercial production at a 2.8 million ton expansion of a petrochemical joint-venture with Japanese partners including Mitsubishi.

In a statement posted on the bourse website, Sabic - the world's biggest chemical firm by market value - said the third expansion phase of Sharq would bring the overall capacity of the complex to 5 million tons per year. Sharq is a joint venture equally owned by Sabic and SPDC, a Japanese consortium led by the government of Japan and a consortium of companies led by Mitsubishi.

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.