Sumitomo Chief Confirms Second Phase of Saudi JV

Yonekura: Studying product mix. Sumitomo Chemical and Saudi Aramco are negotiating a second phase of their giant PetroRabigh petrochemical joint venture, currently under construction at Rabigh, Saudi Arabia (CW, May 2, p. 15). “We are discussing the product mix and will likely make a decision on the project this year,” Sumitomo Chemical chairman Hiromasa Yonekura told CW last week at the Asia Petrochemical Industry Conference in Taipei. Yonekura expects the second phase to be onstream in 2011. He declines to specify which products Sumitomo and Aramco...

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