Petrochemicals | Egypt Oil & Gas - Part 19

PetroRabigh Profits Strong and Steady Despite Oil Prices

Saudi Arabia's PetroRabigh on Monday said its second-quarter net profit nearly tripled as margins on some of its products improved.

The Rise and Decline of SABIC Petrochemicals Profits

Saudi Basic Industries Corp (SABIC), one of the world's largest petrochemicals groups, reported a 4.5% drop in second-quarter net profit on Sunday, a much smaller decline than analysts had forecast.

Iran PetroChem Export Balancing Act Needs Russian Help

Russia is in talks with Iran for supplies of petrochemical products in exchange for assets as part of their barter deal, an official in Tehran has said.

Saudi Petrochemical Profits Fall Below Expected

Saudi Arabia's Yanbu National Petrochemical Co (Yansab) reported a 63% fall in second-quarter net profit on Tuesday but beat analysts' forecasts slightly.

Iran Targeting US Market for Petrochemicals, Following Nuke Deal

Iran has worked out a “special plan” for exports of petrochemical products to the US, secretary of the Association of Petrochemical Industry Corporations (AIPC) Ahmad Mahdavi said on Monday

GPIC to Sponsor Bahrain Air Show

The Gulf Petrochemical Industries Company (GPIC) has signed up as the silver sponsor of the Bahrain International Air Show (BIAS) 2016.

Iran Challenges US Catalyst Monopoly

Iran has achieved technical know-how for production of catalysts used by isomerization units of oil refineries, putting an end to the United States’ monopoly in the field.

Saudi-Korean $640m Polyethylene Project to Operate out of Singapore

Saudi Basic Industries Corp (SABIC) said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Co to produce polyethylene products.

Gulf Petrochem Acquires, Renames Kenyan Downstream Company

Gulf Petrochem group has announced the official acquisition and name change of Essar Petroleum East Africa Ltd to Aspam Energy (Kenya) Ltd

Competition Stiffens Over Post-Sanction Iran PetroChems

International traders are positioning to snap up Iran’s petrochemical exports as nuclear negotiations near the final stage amid hopes of an agreement.

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