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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rohm & Haas | NYSE:ROH | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
Rohm and Haas Company (NYSE:ROH) said today that Fluor Corporation (NYSE: FLR) has been awarded a contract to act as the Project Management Consultant for its Saudi Acrylic Monomer Company joint venture with Tasnee and Sahara Olefins Company (TSOC). Fluor also has been awarded the Process Design Package for the plant to be built in Al Jubail, Saudi Arabia, and work is under way.
In April 2008, Rohm and Haas and TSOC announced that they would form the joint venture to produce 250,000 tons of acrylic acid and related esters at a site in Al Jubail, Saudi Arabia. This venture is scheduled to start up during 2012.
Saudi Acrylic Monomer Company will be 75 percent owned by TSOC; 25 percent by Rohm and Haas. When completed, the plant in Jubail will employ approximately 225 people.
About Rohm and Haas Company
Rohm and Haas is a global pioneer developing innovative technologies and solutions for the specialty materials industry. Based in Philadelphia, PA, the company generated annual sales of approximately $9.6 billion in 2008. Visit www.rohmhaas.com for more information. imagine the possibilities™
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