Petrochemicals | Egypt Oil & Gas - Part 20

GCC PetroChem Exports On Rise But Still Face Supply Problems

Gulf petrochemical and chemical exports exceeded 65 million tonnes last year, in comparison to less than 36 million tonnes in 2006, according to an expert.

Indian’s Sanmar to Invest $350m in Egypt

Indian petrochemical giant Sanmar plans to invest $350m in the expansion of its Egypt plant Trust Chemical Industries (TCI) in Port Said, raising its total investment in the country to $1.45bn.

Saudi Company to Use American Shale Gas in UK PetroChem Plant

Saudi Basic Industries Corp 2010.SE has signed a deal to use shale gas from the United States at its Teesside petrochemical plant in Britain,

Haifa Cancer Fears Prompt Shutdown of Israeli PetroChem Industries

The mayor of Israel’s third largest city, Haifa, has ordered the shutdown of five petrochemical plants after a warning by Israeli Health Ministry linking high cancer rates among residents to air pollution.

Dubai’s Kampac Oil to Invest Billions in Philippines Energy City

Kampac Oil, a Dubai-based oil and gas company, plans to double its investments in the Philippines to more than $10 billion, said a report.

Syria Turmoil, Oil Debts Prompt Gulfsands to Rethink Leadership

Gulfsands Petroleum Plc said it removed Mahdi Sajjad as chief executive and appointed Alastair Beardsall, a nominee of its top shareholder, as executive chairman with immediate effect.

Kuwaiti PetroChem CEO Wins GCC Success Award in Dubai

Kuwait-based Qurain Petrochemical Industries Company (QPIC) has announced that its vice chairman and CEO, Sadoun Ali, was named one of the region’s most successful business leaders in the “Top CEO 2015” event that to ...

Post-Sanction Iran Plans to Become Top PetroChem Producer

Managing director of Iran’s National Petrochemical Company (NPC) says the country is prepared to pave the way to attract foreign investments in its oil and petrochemical sectors after a final nuclear deal is clinched ...

Gulf Petrochemical Raises Production Despite Price Crunch

Gulf Petrochemical Industries Company (GPIC) has registered a 4% increase in production in the first quarter of the year, with total production of ammonia, urea and methanol amounting to 255,000 tonnes.

Loyz Energy Forges Strategic Alliance with SONG’s Human Resources

In a strategic move to manage its concession portfolio, Loyz Energy Limited has entered into two binding memorandum of understanding (MOUs) with Sun Petrochemicals Private Limited (a leading manufacturer of petroleum ...

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