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Sabic, SK Global Chemical in US$640m Singapore venture

Tuesday, July 7, 2015 - 05:50
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Saudi petrochemical giant Sabic and South Korea's SK Global Chemical have formed their Singapore-based joint venture to operate a chain of manufacturing plants worldwide, slightly over a year after it was first announced.

Singapore

SAUDI petrochemical giant Sabic and South Korea's SK Global Chemical have formed their Singapore-based joint venture to operate a chain of manufacturing plants worldwide, slightly over a year after it was first announced.

The 50-50 venture will buy technology and a plant