Sabic and Sinopec Sign MOU For Polycarbonate Plant at Tianjin

摘要

Sabic announced today that it has signed a memorandum of understanding with Sinopec to build a previously announced polycarbonate plant at their joint venture complex at Tianjin, China. The announcement was made by Mohamed Al-Mady, vice chairman and CEO of Sabic, at a press briefing at Chinaplas 2011 at Guangzhou. The total investment in the project will be over $1 billion, Al-Mady says.