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Chemical Week Magazine :: New Construction Projects
Saudi company joins SK Gas in South Korea PDH plan
4:11 PM MDT | April 17, 2014
Advanced Petrochemical Co. (Al Jubail) has signed a memorandum of understanding with SK Gas (Seoul) to become a joint venture partner in SKâ€™s previously announced propane dehydrogenation (PDH) project at Ulsan, South Korea. Advanced, or its subsidiary, Advanced Global Investment Co., will hold a minimum of 25% in the jv. The project is expected to cost $900 million and produce 600,000 m.t./year of propylene. SK earlier selected Catofin PDH technology, comprising Lummusâ€™s process and Clariantâ€™s catalysts. Completion is expected in the first quarter of 2016...
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