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04/05/2018 10:29 AST
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Abdulrahman Al-Fageeh, SABIC Executive Vice President, Petrochemicals, said "our strategic joint venture with MCC broadens our specialty portfolio by drawing on the technological expertise of MCC, owner of the world-class Alpha technology. We are committed to serving the global and local markets, and supporting the development of downstream growth in Saudi Arabia in line with Saudi Vision 2030."
The MMA plant has a 250,000-metric-ton annual capacity, while the PMMA plant has an annual capacity of 40,000 metric tons. These new high-value products will diversify materials used in industrial clusters, thus allowing expansion and further diversification in Saudi Arabia's industrial sector, besides creating new global opportunities in the downstream industries such as construction, automotive, electronics, medical technologies and appliances.
Saudi Gazette
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13/03/2025
Asyad Shipping Company, one of the world's largest diversified maritime providers and a global leader in deep-sea transportation, successfully listed on the Muscat Stock Exchange (MSX) on Wednesday f
Muscat Daily
13/03/2025
Qatar Gas Transport Company (Nakilat) marked a significant milestone with the steel cutting ceremony for eight of its new LNG carriers at Hanwha Ocean Shipyard in South Korea.
These vessel
Trade Arabia
12/03/2025
Oman's Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQ Exploration and Production (OQEP) and Genel Energy to develop Concession Block 5
Muscat Daily
11/03/2025
For the third consecutive year, Gulf Bank successfully organized an exhilarating fitness challenge at Lose Gain, a specialized group training gym. The event combined high-energy workouts with friendl
Khaleej Times
11/03/2025
Oman Telecommunications Company (Omantel) Group has reported significant growth in its financial results for the year 2024. The group's revenue (including Zain Group's operations) increased by 3%, fr
Muscat Daily
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