Sipchem, Hanwha Form Wire and Cable Polymers Compounding JV

Saudi Inernational Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) and Hanwha Chemical (Seoul) have signed an agreement to create an equally owned joint venture to produce special compounds for the wire & cable industry. The company, Wire & Cable Polymers Compounding Company, will invest SR225 million ($60 million) in a compounding plant at Sipchem's Jubail, Saudi Arabia complex with completion targeted in the second quarter of 2013. The products will be used to make power cable insulation materials and will be marketed by the new company in the...

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