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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm


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Aramco to invest $7bn in Petronas' oil refinery

Aramco to invest $7bn in Petronas' oil refinery

The decision was made after discussions between top executives from Saudi Aramco and Malaysia's state-owned energy company Petroliam Nasional Bhd (Petronas)
 
AkzoNobel joins Emirates Green Building Council

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Kuwait Styrene projects 11% jump in 2016 profit

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The global styrene monomer market saw a slow recovery in prices at the end of 2016, which is expected to continue during 2017. Prices have already been on an uptrend in January 2017 by reaching US$1,300/MT, which was US$300/MT higher than January 2016.
 

 

Nakilat announces US$262 million profit for 2016

Nakilat announces US$262 million profit for 2016

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Middle East to invest $294bn in oil, gas projects

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Spread over an area of one million square metres, the auto cluster is expected to be the largest manufacturing cluster to be located in PlasChem Park, an industrial zone located adjacent to the Sadara site in Jubail Industrial City II.
 
Fujairah to join in International Petroleum Week

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Imagine Chemistry scheme lures young minds in MENA

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'Imagine Chemistry' initiative, which is open to all start-ups, students, research groups and career scientists, supports the vision of the UAE and the regional governments to promote a culture of localised innovation.
 
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CRU's Middle East Sulphur Conference is fully aligned with the UAE government's vision to create new value for sulphur to support the continued diversification of the nation into a thriving knowledge-based economy.
 
Amec Foster Wheeler opens new office in Oman

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Berri gas plant received the 2016 Energy Globe National Award for its energy conservation initiative of ethane liquefaction.    1 Comments
 
PGPIC output to hit 40 million tons/year by 2019

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PGPIC is currently into 12 projects, which will become operational by early-2019 and will add nearly 13 million tons per year of petrochemicals to Iran's total output.
 




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