Chinese polycarbonate

The world's largest petrochemical group, on the basis of its latest turnover, Saudi Basic Industries Corp (Sabic) announced, on the occasion of Chinaplas 2011, in Guangzhou, an investment of over one billion dollars, in a joint venture with the Chinese Sinopec, for a new plant located in Tianjin that will produce 260 thousand tons/year of polycarbonate, starting from 2015.
This is another example of investment in the petrochemical industry, to meet the growing and so far relentless consumption of plastics in China.