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SABIC’s $6.4 Billion Dollar Petrochemical Plant in China Gets Go Ahead for Construction

Saudi Basic Industries Corp (SABIC) announced in a recent company exchange filing that it will proceed with building a new petrochemical complex in southeastern China's Fujian province. This $6.4 billion dollar project will be developed as a joint venture of SABIC and China state owned Fujian Fuhua Gulei Petrochemical Company.

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