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Sabic-Mitsubishi Rayon jv awards contract for delayed MMA, PMMA project in Saudi Arabia

2:42 AM MDT | June 26, 2014 | Natasha Alperowicz

Sabic and Mitsubishi Rayon, partners in an equally-owned methyl methacrylate (MMA) and polymethyl methacrylate (PMMA) manufacturing joint venture in Saudi Arabia, earlier this month registered the jv, The Saudi Methacrylates Co. and are proceeding with the project. However, the process of preparing the fundamental engineering designs and concluding the procurement agreements took longer than scheduled and the plants are now expected to be completed in the second quarter of 2017 instead of the originally planned first half of 2016. Commercial...

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