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(Arabian Oil and Gas) -- SABIC
and China Petroleum & Chemical Corporation (Sinopec Corp) have announced a
memorandum of understanding (MOU) to collaborate on a 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 KT.
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.
The new polycarbonate production plant will be located in SSTPC and is
expected to be operational by 2015. It will leverage SABIC’s world-class
advanced polycarbonate technology using phosgene and Dichloromethane free
process. The performance properties of purity, transparency and continuous
processing will bring local PC resin capabilities to a diverse customer base in
China.
mrcplast.com
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