Petrochemicals

  • Iran’s Petrochemical Revenues projected to Reach $50 B in March 2027

    Iran’s Petrochemical Revenues projected to Reach $50 B in March 2027

    Wednesday, 11th August 2021

    The CEO of Iran’s National Petrochemical Company (NPC), Behzad Mohammadi, announced that Iran is expected to achieve revenues estimated at $50 billion from the petrochemical industry by the Iranian calendar year 1406 which will start in March 2027.

  • El Molla Reviews Major Petrochemical Projects

    El Molla Reviews Major Petrochemical Projects

    Thursday, 5th August 2021

    The Egyptian petroleum sector is, currently, implementing five major projects worth $14 billion including expansion of Midor refinery in Alexandria, Red Sea petrochemical project in the economic zone in Suez Canal, Assiut National Oil Processing (ANOPC) diesel complex in Assiut, asphalt production unit in Suez and coking complex.

  • El Molla Discusses Ways to Boost Cooperation with Bechtel

    El Molla Discusses Ways to Boost Cooperation with Bechtel

    Tuesday, 11th May 2021

    Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed methods to increase cooperation in the petroleum sector between Egypt and the US with Stuart Jones, President for Regions and Corporate Affairs at Bechtel Corporation, and Jonathan Cohen, the US Ambassador to Egypt.

  • Sidpec Starts Phase 2 of SER Project

    Sidpec Starts Phase 2 of SER Project

    Monday, 29th March 2021

    Sidi Kerir Petrochemicals Company (Sidpec) started Phase 2 of its Strategic Energy Review (SER) Project with KBC, a Yokogawa Company, on March 14, 2021.

  • India Inaugurates New Propylene Derivatives Petrochemicals Complex

    India Inaugurates New Propylene Derivatives Petrochemicals Complex

    Monday, 15th February 2021

    The Indian Prime Minister, Shri Narendra Modi, has inaugurated the recent Propylene Derivatives Petrochemicals (PDPP) Complex at Kochi refinery in kerala governorate, built at a cost of ₹6,000 crore.

  • Iraq’s Oil Ministry Signs MoU for Establishing Refinery in Dhi Qar

    Iraq’s Oil Ministry Signs MoU for Establishing Refinery in Dhi Qar

    Monday, 25th January 2021

    The Iraqi oil Ministry has signed a memorandum of understanding (MoU) for establishing a refinery in Dhi Qar governorate in order to raise the production capacity rates of petroleum products and fuels as well as improve the output.

  • Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website

    Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website

    Sunday, 24th January 2021

    Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Petroleum and Mineral Resources and Methanex Egypt following the signing of a Memorandum of Understanding (MoU) in February 2020, enabling the creation of the Egyptian PSM Committee mandated to embed the culture of Process Safety Management (PSM) within the Egyptian oil, gas and petrochemicals sector, in alignment with the ministry’s Modernization Program and international best practices, guidelines and standards.

  • Natural Gas-Based Industries to Operate in Free Zones

    Natural Gas-Based Industries to Operate in Free Zones

    Monday, 2nd November 2020

    The House of Representatives gives the final approval on amending Article 34 of the Investment Law No. 72 for 2017 allowing the licensing of natural gas-based industry projects, especially fertilizers and petrochemicals, to work under the free zones systems.

  • Iraq to Proceed with Nebras Petrochemical Project

    Iraq to Proceed with Nebras Petrochemical Project

    Tuesday, 1st September 2020

    Iraq’s oil minister, Ahsan Ismail, reiterated the country’s willingness to progress with the implementation of the Nebras project to strengthen Iraq as a global player in the petrochemicals market.

  • Enppi Completes Desulfurization Facility in Arabian Gulf Region

    Enppi Completes Desulfurization Facility in Arabian Gulf Region

    Sunday, 5th July 2020

    Enppi has successfully completed the desulfurization facility in the Arab Gulf region, which aims to produce 435 million barrels per day (mmbbl/d) of sulfur-free water for wells’ injection.