in this issue
Markets :: Basic Chemicals :: Petrochemicals :: Ethylene
Sabic pulls out of $5.3 billion methanol-to-olefins JV project in Trinidad and Tobago (Update)
8:35 AM MST | March 4, 2013 | Natasha Alperowicz
Sabic will not be going ahead with plans announced last year to build a $5.3-billion methanol-to-olefins complex in Trinidad and Tobago in a joint venture with Sinopec, Sabic said on Sunday. The company says that “the relevant parties did not reach a deal on the fundamental conditions for this project and Sabic’s decision in consultation with the concerned parties on 3 March 2013 is not to continue with negotiations on this project.” A statement from Trinidad and Tobago's energy minister, Kevin Ramnarine, says that failure to agree on...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee