15 September 2011 18:32 [Source: ICIS news]
LONDON (ICIS)--Saudi Basic Industries Corporation (SABIC) plans to establish a $1bn (€730m) high-tech advanced polycarbonate (PC) technology plant in Tianjin, ?xml:namespace>
The plant will meet the growing demand for plastics in the country with an annual capacity of 260,000/tonnes and help the company grow in the engineering thermoplastics market.
The project will also meet growing demand for SABIC's advanced polycarbonates in
"Experts expect the annual demand for petrochemicals in
However, China’s polycarbonate (PC) market is expected to be oversupplied in the fourth quarter of 2011, according to market sources, because of additional capacities from international producers.
($1 = €0.73)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections