Talks gain pace

Tan, Florence
April 2007
ICIS Chemical Business;4/9/2007, Vol. 2 Issue 61, p8
Trade Publication
This article reports that SABIC and Sinopec have accelerated talks on the Tianjin cracker project in China after its joint venture with Dalian Shide stalled during the approval process. Sinopec has also proposed to sell SABIC's Saudi Arabian polyethylene (PE) and monoethylene glycol (MEG) material via its centralised sales company in China, as part of the negotiations to form a joint venture. Both companies resumed talks on the project in 2006 after Saudi King Abdullah's visit to China.


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