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SABIC and Rongsheng Petrochemical agreement to develop Jintang Mew Materials project

This article was originally posted on Chemical Engineering Online.
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Summary
Saudi Basic Industries Corp. (SABIC) has signed a Project Development Agreement with China’s Rongsheng Petrochemical and its subsidiary Rongsheng New Materials (Zhoushan) to jointly advance the Jintang New Materials Project in Zhoushan, Zhejiang Province. The agreement sets a framework for collaboration and outlines next steps to progress the project’s development.

What opportunities or challenges do you anticipate for this SABIC–Rongsheng partnership in building a new materials hub in China, and which product segments do you think they should prioritize?

Saudi Basic Industries Corp. (SABIC; Riyadh, Saudi Arabia) announced the signing of a Project Development Agreement (PDA) with Rongsheng Petrochemical Co., Ltd. (Hangzhou, China) and its wholly owned subsidiary Rongsheng New Materials (Zhoushan) Co., Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China. Under the PDA, SABICand Rongsheng Petrochemical are […]

The post SABIC and Rongsheng Petrochemical agreement to develop Jintang Mew Materials project appeared first on Chemical Engineering.

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MikeHarlan
Jul 24 at 3:00 AM
Any word on whether the slate includes acrylates, EO/PO, or phenol/BPA? Those are the choke points we feel in adhesives and coatings, and if they pair a mixed-feed cracker with PDH and dedicated acrylic acid tankage at Zhoushan, it could actually stabilize exports into the U.S.

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