Petrochemicals | Egypt Oil & Gas - Part 20
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. The deal will enhance the group’s integrated services and products for the do...
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. “Iran has a turned into a key priority for anyone involved i...
Sidpec Partners with United Gas Derivative, Eni, BP in Ethylene Project
Sidi Kerir Petrochemicals Co “Sidpec” Chariman Ahmed Helmy, said that five local banks offered to finance the 200 thousand tons capacity per year ethylene production project, with $ 600 million investments. Helmy told...
MOPCO Suez Wins $2bn Finances for PetroChem, Fertilizer Project
Misr Company for Oil Industries MOPCO Suez plans to carry out a new project to produce aromatic fertilizer and petrochemical products in Ain Sukhnan at a total cost of $2bn. Three banking institutions namely Commercia...
Saudi Sipchem Makes Moves to Buy Kuwait Subsidiaries
Saudi International Petrochemical Co (Sipchem) has agreed to pay $100.2 million to raise its stake in two local subsidiaries, it said on Wednesday. The firm will buy stakes owned by Kuwait’s Ikarus Petroleum Ind...
Saudi Downstream Team Hosted at Achema Forum
Leading industry experts discussed the potential of Saudi Arabia’s petrochemical sector at Achema, a leading global exhibition on chemical engineering, environmental protection and biotechnology, being held at F...
GPIC Wins Accolades at Arab Fertilizer Conference
Outstanding results achieved by Gulf Petrochemical Industries Company (GPIC) were highlighted during a leading fertiliser industry conference in Amman, Jordan. Arab Fertiliser Association (AFA) chairman Dr Abdulrahman...
GPIC Wins Business Award After Years of Investing in Production and People
The Gulf Petrochemical Industries Company (GPIC) has been named the GCC’s best-performing industrial organisation. The honour came during the eighth annual Mohammed bin Rashid Al Maktoum Business Awards 2014 pre...
