Petrochemical | Egypt Oil & Gas - Part 5
Iran to Inject $11b into Petchem
Iran's Persian Gulf Petrochemical Industries Company (PGPIC) is reported to inject over $11b in it's business with more than $1b coming from two agreements with Japan's Marubeni.
AFREXIMBANK Invested $75m in Egypt’s Petchem Sector
The African Export-Import Bank (AFREXIMBANK) has granted a $75m loan to Egyptian Ethylene and Derivatives Company (ETHYDCO), in an effort to support Egypt’s petrochemical industry to increase exports and supplement t ... Iran’s Kurdistan Petchem Plant to Come Online
Iran's Kurdistan Petrochemical Plant will be able to produce 300,000 tons a year of light polyethylene after becoming operational in estimated two months.
Ethydco Completes $1.9b Petrochemicals Complex
The Chairman of Egyptian Ethylene and Derivatives Company (Ethydco), Abd El-Rahman Zeid, announced that the company has completed 97.2% of its petrochemicals complex with a total investment cost estimated at $1.9b.
Saudi Kayan Posts $116.3m Losses for First Time
Saudi Kayan Petrochemical Co. reported a net loss of $166.3m in Q4 of 2015, the largest loss Kayan had suffered since it was first listed in 2007.
GTUPW Signs Protocol with Kuwait in the Petrochemical Industry
The General Trade Union for Petroleum Workers (GTUPW), headed by Mohammed Saafan, signed a protocol of cooperation with the Kuwaiti Federation of Petroleum and Petrochemical Workers, headed by Yousif Yacoub Al-Kandar ... Iran to Attract Petrochemical Investments
Iran will hold Iran Petrochemical Forum (IPF) on December 13th for some 300 Iranian and 100 foreign petrochemical enterprises seeking a boost to foreign investments in the sector.
PetroRabigh to Reopen its Refining, Petrochemical Complex
Saudi Arabia's PetroRabigh will restart most operations at its refining and petrochemical complex on December 3rd, after a 50-day maintenance work, while high olefin cracker unit will remain offline until estimated e ...
