Saudi Arabia plans to set up a 250,000 metric ton capacity acrylic acid and related esters plant - the first of its kind in the Middle East. An investment outlay of SR2.6 bln is planned in The Saudi Acrylic Monomers Company, to be a joint-venture that will commence operation in 2011.
Senior executives of the National Industrialization Company (Tasnee), Sahara Olefins Company (TSOC) and the US-based Rohm & Haas Company have made the announcement. The company will use the advantaged supply of propylene and the latest process technology to make acrylic acid and related products to support the fast-paced growth of Rohm and Haas' water-based acrylic products in rapidly developing economies. TSOC has exclusive rights to sell acrylic acid products within the Gulf Cooperation Council (GCC) countries
19-Jun-08 
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