Petrochemicals | Egypt Oil & Gas - Part 23
Hamriyah Free Zone Housing Petrochemicals, Expanding Plastics
Sharjah’s Hamriyah Free Zone is seeking more investment in the plastics and packaging and food and sectors within the zone. A high-level delgation from the zone last week joined more than 60,000 professionals fr...
Sherif Ismail: Ethylene and Other PetroChem for Local Use Only
Maximising the use of petrochemical raw materials and products locally instead of exporting is a priority, Minister of Petroleum Sherif Ismail announced Sunday. Ismail explained during a general assembly meeting with ...
Bahrain’s GPIC Keeps Profits Up, Carbon Emissions Down
Bahrain-based Gulf Petrochemical Industries Company (GPIC) yesterday (March 21) reported a net profit of $190.2 million for last year. In a statement issued after the company’s annual general meeting (AGM), the ...
Japan-Saudi Petrochem Complex Secures Finances for Expansion
Saudi Arabia’s PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesd...
London as Global Operations HQ for Gulf Petrochem
UAE-based Gulf Petrochem Group has opened its new trading office in London, UK, as part of its global expansion plans and has appointed Neil Lamerton as the global head of its bunkering division based in the London of...
Iran and China Solidifying Trade, Energy Exchange
Iran and China hope to bring the level of their trade exchanges to $60 billion from the current $52 billion in a year or so, the head of Iran-China Joint Chamber of Commerce says. “We are determined to raise the volum...
South Africa’s Sasol Implements Saving Scheme due to Volatile Oil Market
Major oil companies are scrambling to cut costs as global oil prices plummet. Sasol, South Africa’s petrochemicals giant, is the latest to roll out its aggressive savings plan, involving potentially thousands of job c...
GPCA Survey: R&D Shift in Gulf Petrochem Strategy
Nearly 80% of the GCC (Gulf Cooperation Council) region’s major petrochemical and chemical producers have made innovation strategy a key business priority, indicating that the advancement, improvement and modernisatio...
