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Shenghong Petrochemical to utilize Clariant's SynDane catalyst for new biodegradable plastics plant in Jiangsu province, China, supporting energy savings; site is expected to produce 200,000 tons of maleic anhydride annually starting in 2025

Aramco to acquire 10% stake in Shenghong Petrochemical, a subsidiary of Jiangsu Eastern Shenghong; Aramco to supply crude oil and potentially other feedstocks for Shenghong's integrated refinery and petrochemicals complex

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