Owner: Sahara Petrochemical Company, Chemanol, Mitsubishi Gas Chemical & Sojitz Corporation.
Facility Property: Neopentyl glycol Plant
Capacity: 50,000 tonne per year of NPG
Scope of Work: Constration a NPG plant
Project Value: $125.3m
Ownership Type: SAHARA Petrochemicals will control 48% of the project, Chemanol 15%, while the two Japanese firm Mitsubishi Gas Chemical & Sojitz Corporation will control 37%.
Constration Property: Standalone
Other: Chemanol will provide formaldehyde, the necessary feedstock for this product. SAHARA also signed a heads of agreements with Mitsubishi Gas Chemical and Sojitz Corporation from Japan to provide the necessary technology to develop and build the NPG plant