chemicals

  • Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

    Saudi Aramco Acquires 17% Stakes in Hyundai Oilbank

    Thursday, 19th December 2019

    Saudi Aramco has completed acquiring 17% stakes of South Korea's Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately $1.2 billion.

  • Aramco to Reduce its Carbon Footprint

    Aramco to Reduce its Carbon Footprint

    Tuesday, 26th March 2019

    Saudi Aramco has been establishing an international gas business in a way that diminishes its carbon footprint by converting more crude oil into chemicals.

  • SABIC Q4 Profits Decline Due to Low Prices

    SABIC Q4 Profits Decline Due to Low Prices

    Monday, 28th January 2019

    Saudi Basic Industries Corporation (SABIC), one of the largest chemical producers in the world, announced a decline in its profits for the Q4 of 2018 because of the drop in average selling prices.

  • Sidpec Seeks Acquiring a Chemical Company

    Sidpec Seeks Acquiring a Chemical Company

    Thursday, 11th October 2018

    Sidi Kerir Petrochemicals Company (Sidpec) held a board meeting to discuss acquiring one of the Egyptian chemicals' companies.

  • Aramco Signs Chemical Technology Agreement

    Aramco Signs Chemical Technology Agreement

    Thursday, 18th January 2018

    Saudi Aramco has signed an agreement with two US companies to use their technologies in order to turn crude oil to chemicals, which will help the kingdom boost its petrochemical business.

  • Saudi Chemicals Joint Venture in 20-Year Contract with Saudi Electricity

    Saudi Chemicals Joint Venture in 20-Year Contract with Saudi Electricity

    Wednesday, 8th July 2015
    Saudi Arabia's Sadara Basic Services said on Tuesday that its parent firm signed a SR14.13 billion ($3.77 billion) deal with Saudi Electricity Company to supply electric power to its chemicals complex in Jubail Industrial City.