petrochemical projects

  • El Molla Urges Petrochemical Projects Expansion

    El Molla Urges Petrochemical Projects Expansion

    Tuesday, 19th January 2021

    The Ministry of Petroleum and Mineral Resources, Tarek El Molla, urged the Egyptian Petrochemicals Holding Company (ECHEM) to expand petrochemical projects to benefit from Egypt’s oil and natural gas resources.

  • SABIC Reports Rise of Net Profit in Q3

    SABIC Reports Rise of Net Profit in Q3

    Sunday, 25th October 2020

    Saudi Basic Industries Corporation (SABIC) returned to profit in Q3 after the global recovery is showing signs of recovery from the coronavirus.

  • Iran to Launch 27 Petrochemical Projects in 2021 Worth $17 B

    Iran to Launch 27 Petrochemical Projects in 2021 Worth $17 B

    Sunday, 9th August 2020

    The Iranian Minister of Petroleum, Bijan Zangeneh, announced that his country had planned to launch 27 petrochemical projects worth $17 billion by March 21, 2021 expecting petrochemical revenues will compass $25 billion in 2021 and $37 billion in 2024 as well.

  • Consukorra to Provide Smart Solutions to Refineries

    Consukorra to Provide Smart Solutions to Refineries

    Tuesday, 23rd April 2019

    Consukorra is arranging EGP 1.9 worth partnerships to provide smart energy solutions to refineries, petrochemical projects and glass manufacturing projects.

  • Egypt to Invest $1.5 B in 4 Petrochemical Projects

    Egypt to Invest $1.5 B in 4 Petrochemical Projects

    Thursday, 21st March 2019

    The Egyptian Ministry of Petroleum plans to allocate $1.5 billion over four years to expand the petrochemical industry through four new petrochemical projects.

  • Aramco, Total, Daelim to Build Polyisobutylene Facility

    Aramco, Total, Daelim to Build Polyisobutylene Facility

    Monday, 4th February 2019

    Saudi Aramco and Total signed a Memorandum of Understanding (MoU) with Daelim, South-Korean petrochemical company, on January 31 to build Polyisobutylene facility.

  • Paying Arrears to IOCs Attracts Investments: ECHEM Head

    Paying Arrears to IOCs Attracts Investments: ECHEM Head

    Wednesday, 12th December 2018

    The Egyptian government's perseverance with paying receivables to international oil companies (IOCs) will help the country to attract further investments, Chairman of the Egyptian Petrochemical Holding Company, Saad Helal, has said.

  • Egypt to Receive $1.5B Investment Loan

    Egypt to Receive $1.5B Investment Loan

    Wednesday, 6th June 2018

    The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.

  • Egypt to Finalize Refining Projects by 2018

    Egypt to Finalize Refining Projects by 2018

    Tuesday, 2nd January 2018

    Egypt's refining projects witness completion as the new Mostorod refinery starts its operations in 2018, Minister of Petroleum and Mineral Resources, Tarek El Molla, disclosed.

  • Iran to Develop 25 Petchem Projects

    Iran to Develop 25 Petchem Projects

    Monday, 9th January 2017
    An official at the Irani state-run National Petrochemical Company (NPC) said that Iran is seeking investment to build 25 petrochemical projects.