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-New Plant Will Bring SABIC Methanol Production to 4.5 Million Metric Tons-
As analysts begin to see some slipping in methanol prices in the U.S., Saudi Basic Industries Corp. (SABIC), through its affiliate Saudi Methanol Co. (AR-RAZI), announced plans to construct a fourth world-scale methanol plant in Al-Jubail. The new plant will bring SABIC's total methanol production capacity to 4.5 million metric tons per year.
AR-RAZI is already the largest single-complex producer of chemical-grade methanol in...