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Analysis

September’s top stories: Formosa $9.4bn project, €2.75bn synthetic rubber pact

German chemical group Lanxess has partnered with Saudi Aramco to create a €2.75bn synthetic rubber joint-venture. Taiwan-based Formosa Petrochemical is planning to build a $9.4bn petrochemical complex in St James Parish, in the US state of Louisiana. EuroChem agrochemical company subsidiary Phosphorit has started construction of a new $1bn ammonia complex in Kingisepp, Russia.

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