05 August 2010 04:03 [Source: ICIS news]
SINGAPORE (ICIS)--Saudi International Petrochemical Co (Sipchem) said late on Wednesday that it has signed deals with ?xml:namespace>
“The agreements included a technology license agreement, a marketing agreement and a term sheet for ethanol procurement with Rhodia,” Sipchem said.
The new plant was part of phase III expansion program at Sipchem’s petrochemical base in
The etac plant would be designed as a swing facility that would also produce butyl acetate. Commissioning of the plant was expected in 2013, Sipchem said.
International Acetyl Co, an affiliate of Sipchem, would provide the feedstock acetic acid for the plant, while another feedstock ethanol would be imported.
The statement did not divulge the cost of the plant or other financial details of the agreements.
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