Sabic and Sinopec Begin Construction of $1.7-Billion Polycarbonate Plant in China

Sabic and Sinopec say that their Sinopec Sabic Tianjin Petrochemical Co. (SSTPC) 50-50 joint venture at Tianjin, China, has today broken ground on the previously announced 260,000-m.t./year polycarbonate (PC) plant at Tianjin. The PC plant will involve a total investment of Rmb11 billion ($1.7 billion). Sabic and Sinopec had first announced plans for the project in May 2011. The project was approved by the National Development and Reform Commission (NDRC; Beijing) on January 13, 2012. The plant is expected to become operational in 2015 and it will produce four...

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