NatPet and A. Schulman Sign Deals for PP Compounding JV and PP Distribution

National Petrochemical Industrial Co. (NatPet; Yanbu, Saudi Arabia), a subsidiary of Alujain  Group (Jeddah), has concluded a joint venture agreement with A. Schulman (Akron, OH) to produce polypropylene (PP) compounds. The 50-50 jv will build a PP compounding plant near NatPet’s PP manufacturing complex at Yanbu with a capacity for 100,000 m.t./year of compounds in two phases. The first phase will require an investment of SR266 million ($70.9 million) and will be funded 40% through equity and the remainder through debt from sources including the Saudi...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers