Petrochemicals Adds $12B to Saudi’s Economy
Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.
Petrochemicals | Egypt Oil & Gas - Part 10
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.
UK Export Finance to Fund Egypt Energy Sector
The UK’s export credit agency, UK Export Finance (UKEF), announced its willingness to fund Egypt's petrochemical projects.
Saudi Aramco Executive Details Downstream Plan
Saudi Aramco is looking to expand its investments in refining and petrochemicals to secure new markets for its crude, and has identified growth in chemical industries as strategic in combating the risk of a slowd ...
