Advanced, SK Group plan cracker project in Saudi Arabia

27/06/2019 Argaam

 

The subsidiaries of Advanced Petrochemical Co. and South Korea’s SK Group have signed a memorandum of understanding (MoU) to conduct a detailed feasibility study for a mixed feed or liquid cracker project in Saudi Arabia.

 

The MoU signed between Advanced Global Investment Company and SK Gas Co. will be valid for two years, Advanced said in a bourse filing on Wednesday.

 

The agreement includes conducting a detailed feasibility study, market study of the potential products, assessment of the cost, and development of a financial model.

 

Advanced said it will continue to announce any material developments, including financial impact, in accordance with the relevant laws and regulations. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read