Overstrained market puts paid to Sabic expansion

June 2006
ICIS Chemical Business;6/19/2006, Vol. 1 Issue 24, p32
Trade Publication
The article reports on the move of Sabic Europe to put the expansion of its cracker in Geleen, Netherlands, on hold. The main cause for the high investment costs is the overstrained market in the global contracting and construction market because of the many investment projects in the oil, gas and energy market worldwide, said Frans Noteborn, Sabic Europe chief executive.


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