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Sabic finally breaks ground on China tech center

By: Robert Grace

SHANGHAI (April 23, 2:45 p.m. ET) — Saudi Basic Industries Corp. on April 6 broke ground on its long-planned, $100 million technology center in China, and separately announced that its Sabic Innovative Plastics unit is adding new production lines for the company’s Lexan-brand polycarbonate resins and films in Shanghai and Nansha, China.

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