Petrochemicals | Egypt Oil & Gas - Part 10

SABIC Gets Nod for ExxonMobil Petrochemical Project

SABIC announced that it has obtained the regulatory approvals to establish a petrochemical project with ExxonMobil in the US Gulf Coast.

El Molla Reviews SIDPEC’s Development Work

El Kasaby announced that work is ongoing in the $1.2 billion worth propylene derivatives complex' expansion project, to produce 500,000 tons of propylene and 450,000 tons of polypropylene.

Petrochemicals Adds $12B to Saudi’s Economy

Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.

Saudi Aramco, Sabic to Build Petrochemical Complex in Yanbu

State oil giant Saudi Aramco and petrochemicals company Saudi Basic Industries Corp (SABIC) will build a new integrated industrial petrochemicals complex in the port city of Yanbu on the Red Sea coast.

SABIC Posts $1.6B Q3 Net Profit

Saudi Basic Industries Corp (SABIC) has announced a net profit of $1.6 billion in Q3 2018 on the back of rising average prices and sales.

Hyundai E&C Cancels $521M Iranian Petrochemicals Deal

South Korean Hyundai Engineering & Construction announced it has cancelled a $521 million agreement to build a petrochemicals complex in Iran.

El Molla: Six New Petrochemical Projects “Powerful Additions” to Industry

Six new Egyptian petrochemical projects currently under development represent "powerful additions" to Egypt's petrochemical industry, oil minister Tarek El Molla has said.

Egyptian Petrochemicals Company’s Products Value Increase by 31.8% in 2017/18

The Egyptian Petrochemicals Company produced EGP 2.3 billion worth of petroleum-based goods in fiscal year (FY) 2017/18.

Domestic Butane Production Covers More Than 50% of Egypt’s Needs

Domestics production of butane covers almost 50% of the market’s needs.

Japan Ambassador Discusses Collaboration with Egypt Oil Sector

Petroleum minister Tarek El Molla discussed Toyota's contribution to the Suez refining and petrochemical complex and the Assiut mazut refinery with the Japanese ambassador to Cairo, Takehiro Kagawa.

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