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Another major cracker project is on track to go to tender with the anticipated first-quarter release of invitation to bid (ITB) documents by the local Project Management & Development Company (PMD). All five members of the ethylene club attended a pre-bid meeting arranged by PMD in early November in London. The development comes amid reports that Houston-based Westlake Chemical Corporationis in advanced negotiations with PMD in becoming a joint venture partner on the estimated $2,500 million petrochemicals complex at Jubail (MEED 5:11:04).