28 May 2009 18:18 [Source: ICIS news]
TORONTO (ICIS news)--ExxonMobil Chemical has agreed to license its tubular high pressure low density polyethylene (LDPE) process technology to Saudi International Petrochemical Company (Sipchem) for that firm’s planned world-scale ethylene vinyl acetate (EVA) plant, the US-based major said on Thursday.
The plant, to be built at Sipchem’s site in ?xml:namespace>
"Based on our own success with this technology, we believe that Sipchem will become a world-class supplier of EVA products to the
Financial terms were not disclosed.
In addition to Sipchem, ExxonMobil had eight licensees of its proprietary process technology around the world, it said.
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