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World News and Views :: Projects

R&H and Tasnee Sahara Olefins Plan JV in Saudi Arabia

9:59 AM MDT | April 21, 2008 | Chemical Week Editorial Staff

Rohm and Haas (R&H) and Tasnee Sahara Olefins Co. (TSOC) have announced plans to form a joint venture to produce 250,000 m.t./year of acrylic acid and related esters at Jubail, Saudi Arabia beginning 2011. R&H will take the majority of output from the plant, and TSOC will have exclusive rights to sell acrylic acid products within the Gulf Cooperation Council countries of Saudi Arabia, Bahrain, Qatar, Oman, Kuwait and the United Arab Emirates. TSOC will own 75% of the jv, Saudi Acrylic Monomer Co., and R&H, the rest. R&H will invest about $50...

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