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Saudi's SABIC Says Output from Polyacetal Plant to Start Early 2017

Production from a 50,000 tonne-per-year polyacetal plant at an affiliate of Saudi Basic Industries Corp (SABIC) will start by early 2017, a SABIC official said on Monday.

Saleh al-Zahrani, senior manager polyacetal, was speaking at an industry event in Dubai.

The project National Methanol Co., also known as Ibn Sina, is 50-percent owned by SABIC, one of the world's largest chemical companies, while Celanese Corp and an affiliate of Duke Energy Corp each have a 25 percent stake.

(Reporting by Maha El Dahan; Writing by Rania El Gamal)

Copyright 2016 Thomson Reuters.

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