Sumitomo wins RI deal

Thu, 28 Dec 1995

TOKYO (Reuter): Sumitomo Chemical Engineering Co. Ltd. said yesterday it had won a US$40 million turnkey contract to build a petrochemical product plant for Indonesia's Siam Maspion Polymers.

The plant, scheduled to be completed by the end of 1997, will have capacity to produce an annual 120,000 tons of polyvinyl chloride resin (PVC), Sumitomo Chemical Engineering said in a statement.

PVC is used to make a variety of goods such as water pipes and synthetic leather. The petrochemical product is a derivative of ethylene which is made from naphtha.

View JSON | Print