Dammam 7 Petrochemical Co inks deal with Shanghai Huayi for acrylic acid plant

26-Apr-10

Dammam 7 Petrochemical Co. has inked a deal with Shanghai Huayi for acrylic acid plant as part of a huge petrochemical complex in Jubail. Capacities at the complex include syngas, butanol and acrylic esters. The deal will strengthen China's position in the domestic Saudi Arabian market and will help transfer technology and knowledge to Saudi Arabia. Dammam 7 has inked an agreement with Saudi Aramco Total Refining and Petrochemical Co. (SATORP) for the supply of 200,000 tons of feedstock.