Brief: Saudi's Advanced Unit, SK Gas Sign MoU For Propane Dehydrogenation, Polypropylene complex

SK Gas

26/06/2019 07:24

June 26 (Reuters) - ADVANCED PETROCHEMICAL CO  2330.SE :
    * UNIT ADVANCED GLOBAL INVESTMENT CO , SK GAS CO SIGN MOU
    * MOU FOR DEVELOPMENT OF PROPANE DEHYDROGENATION AND
POLYPROPYLENE
COMPLEX IN SAUDI ARABIA
    * MEMORANDUM DURATION 2 YEARS
    * TOTAL COST OF THE PROJECT IS CURRENTLY ESTIMATED AT $ 1.8
BILLION
    * PROJECT CAPACITY TO PRODUCE PROPYLENE AND PP OF 750,000
TONS
EACH PER ANNUM

Source: (https://bit.ly/2NcgtTH)
Further company coverage:  2330.SE 

 ((Reuters.Briefs@thomsonreuters.com;))