Satorp and Advanced Sign Propylene Supply Deal

Advanced Petrochemical Co. (Jubail, Saudi Arabia) has signed a sales agreement with Saudi Aramco Total Refining and Petrochemical Co. (Satorp; Jubail) for the supply by Satorp to Advanced of polymer-grade propylene from the refinery that Satorp is constructing at the Jubail 2 manufacturing complex. Satorp will, under the terms of the agreement, supply 50,000 m.t./year of propylene to Advanced for an initial period of three years with automatic renewals of successive one-year periods. Supplies are expected to commence from January 1, 2014. The propylene will be...

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