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SABIC and Sinopec sign cooperation deal

by ChemOrbis Editorial Team -
  • 17/03/2017 (12:20)
According to media reports, Saudi SABIC and China’s Sinopec signed a strategic agreement on March 16, which will seek opportunities for joint projects in the two countries.

The agreement will also include a joint venture in Saudi Arabia with Chinese investment as well as exploring opportunities for making further investments at Sinopec Sabic Tianjin Petrochemical Co. (SSTPC), a joint venture between the two companies.

The future joint venture projects will reportedly focus on automotive, electronics, lighting, building and construction, packaging and medical equipment.
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