in this issue
Chemical Week Magazine :: Business & Finance :: Europe/Mideast
NatPet and A. Schulman Sign PP Compounding, Distribution Deals
June 18, 2012 | —Natasha Alperowicz
National Petrochemical Industrial Co. (NatPet; Yanbu, Saudi Arabia), a subsidiary of Alujain Group (Jeddah, Saudi Arabia), has concluded a joint venture agreement with A. Schulman to produce polypropylene (PP) compounds. The 50-50 jv will build a PP compounding plant near to NatPet’s PP manufacturing complex at Yanbu with capacity for 100,000 m.t./year of compounds. The plant will be built in two phases, the first of which will require an investment of SR266 million ($70.9 million). It will be funded 40% through equity and the rest through debt from sources...
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