SABIC starts trial ops at polycarbonate production complex in China

Logo of SABIC

Saudi Basic Industries Corp. (SABIC) announced launching the trial operation of its China-based industrial complex for the production of polycarbonate, according to a bourse statement.

The complex, which is an equally-owned joint venture between SABIC and China Petroleum and Chemical Corporation (Sinopec), has an annual production capacity of nearly 260,000 tons.

The relevant financial impact will appear after the completion of the trial operations and the start of commercial production.

There is no change in the scope of the project and, therefore, the associated costs have not changed, the statement added. 

SABIC laid the foundation for the polycarbonate production facility at Sinopec SABIC Tianjin Petrochemical Co.’s petrochemical complex in Tianjin city, with a cost of $1.7 billion, Argaam earlier reported.

In October 2017, SABIC awarded the construction and engineering works contract to Sinopec Engineering Incorporation and Sinopec Shanghai Engineering Co. Ltd.