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Saudi SABIC to complete CTO project in China in 2020

by ChemOrbis Editorial Team -
  • 02/09/2016 (13:52)
According to media reports, Saudi Arabia’s SABIC is planning to complete its coal-to-chemicals (CTO) project in China in 2020. In May, the company had signed a project development agreement with China’s Shenhua Ningxia Coal Industry Group for the construction of a new coal-based petrochemical facility in the Ningxia Hui Region of China.

The company expects the new CTO project to cost around $3 billion to $4 billion.
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