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Why have Shell, BASF and ATOFINA formed Sabina Petrochemicals LLC?

atofina BASF formed Shell
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Why have Shell, BASF and ATOFINA formed Sabina Petrochemicals LLC?

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Shell, BASF, and ATOFINA are increasing olefins cracker capacity in the region at the same time. Processing the combined crude C4 streams of these parties in a single plant gives substantial savings on capital and operating cost.

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