Private petrochemical firm launched in Saudi Arabia
A new private Saudi Arabian petrochemical firm called Saudi International Petrochemical Co. has let contract to Fluor Daniel, Aliso Viejo, Calif., for overall project management of its first petrochemical complex, to be built at Al Jubail. The SIPC complex will produce methanol, maleic anhydride, butanediol, acetic acid, and vinyl acetate monomer.