Sabic plans $1bn polycarbonate plant in China

The Saudi Basic Industries Corporation (Sabic) has announced plans to build a $1bn advanced polycarbonate technology plant in China's Tianjin City, with an annual capacity of 260K tons to meet the growing demand for plastics in the country, the Saudi Gazette has reported.

Sabic has said that the new project will help boost its growth in the market for high performance engineering thermoplastics, and meet the growing demand for Sabic advanced polycarbonates in China.