SABIC, ExxonMobil JV in US preparing for initial startup By Reuters – Investing.com
- Date: 19-Sep-2021
- Source: Investing.com
- Sector:Technology
- Country:Saudi Arabia
SABIC, ExxonMobil JV in US preparing for initial startup By Reuters – Investing.com
DUBAI (Reuters) - Saudi Basic Industries, the world's fourth-biggest petrochemicals firm, said on Sunday its joint venture project with ExxonMobil (NYSE:) in the U.S. Gulf Coast has started commissioning activities and preparing for an initial startup.
The project includes the establishment of an ethylene production unit with annual capacity of about 1.8 million tonnes, which will feed two polyethylene units and a monoethylene glycol unit, it said in a statement.
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