Lucite plans JV, but looks elsewhere

Richardson, John; Jagger, Anna
May 2007
ICIS Chemical Business;5/21/2007, Vol. 2 Issue 67, p29
Trade Publication
The article reports that Lucite International is negotiating to build a joint venture (JV) methyl methacrylate (MMA) plant at Al-Jubail, Saudi Arabia. Vice president Neil Sayers said they have signed a memorandum of understanding with Sipchem and will make a decision on whether or not proceed in the fourth quarter of this year. He added that it could be an ideal fit for them because they would be able to offtake ethylene feedstock from the cracker, carbon monoxide from the acetic plant.


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