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

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Published Mon, Jul 6, 2015 · 09:50 PM

    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 in South Korea for US$640 million, higher than the previously stated US$595 million.

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