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Companies

Saudi Basic starts commercial production at China chemical plant

(Agencies)
Updated: 2010-05-11 16:05
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Saudi Basic Industries Corp, the world's biggest chemicals maker by market value, said it started commercial production at a chemical plant in Tianjin.

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The facility, a joint venture between Saudi Basic and China Petroleum & Chemical Corp, has a production capacity of 3 million tons a year, according to a company statement to the Saudi bourse today.