SP Chemicals Shelves Chinese Styrene Plant

SP Chemicals (Singapore) says it will delay by “at least two years” construction of a previously announced styrene monomer project at its Taixing, China complex due to unfavorable markets and the global financial crisis. SP Chemicals was due to start construction of the 320,000-m.t./year styrene plant in the third quarter of this year with completion originally scheduled for the first quarter of...

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