Saudi Aramco Signs $6 B MoU for Petchem Projects
Saudi Aramco signed a memorandum of understanding (MoU) with S-Oil, one of South Korea’s top refiners by capacity, for technical advice petrochemical plant worth $6 billion.
Saudi Aramco signed a memorandum of understanding (MoU) with S-Oil, one of South Korea’s top refiners by capacity, for technical advice petrochemical plant worth $6 billion.
Qatar Petroleum and Chevron Phillips Chemical signed an agreement for a new petrochemical complex that will be completed by 2025.
SIDPEC signed a final contract with Alex Fiber to acquire a land lot, which it will use to construct a $1.2 billion expansion project to produce propylene and polypropylene.
Saudi Aramco and Malaysia’s Petroliam Nasional Berhad (Petronas) have begun operations at their new naphtha cracker
The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.
SABIC and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas.
SABIC announced that it has obtained the regulatory approvals to establish a petrochemical project with ExxonMobil in the US Gulf Coast.
El Kasaby announced that work is ongoing in the $1.2 billion worth propylene derivatives complex' expansion project, to produce 500,000 tons of propylene and 450,000 tons of polypropylene.
Sabic's domestic sales reached 2.7 million tons, covering around 94% of the kingdom’s consumption.
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.