01.06.2011 • NewsSABICMitsubishi Rayonunder construction

Saudi Sabic Signs 50/50 JV With Mitsubishi Rayon

Saudi Basic Industries Corp (SABIC) on Tuesday said it signed a 50/50 joint venture agreement with Mitsubishi Rayon to build and operate two plants in Jubail.

"One of the plants will produce methyl methacrylate monomer and will be the biggest plant in the world at a capacity of 250,000 metric tons a year," SABIC said in a statement.

The other plant will produce polymethyl methacarylate with a capacity of 40 thousand metric tons a year, the statement said.

 

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.

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.