Wednesday 10 February 2016
 
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Sumitomo

Sumitomo wins Turkmenistan power plant deal

Trading house Sumitomo Corp said on Monday it had won a $300 million order for a 400 MW gas-fired power plant in Turkmenistan, part of a package of deals announced on a visit to the Central Asian nation by Japanese Prime Minister Shinzo Abe.

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PetroRabigh says unit repairs to hit Q2 results

PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said the maintenance work at one of its facilities, will affect the company's second quarter results by SR69 million ($18.4 million). The Saudi-based Pet

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Funds sought for $8.5bn PetroRabigh expansion

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32 billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom. No figures for how much cash

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Aramco, Sumitomo seek funds for $8.5bn PetroRabigh expansion

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32-billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom. No figures for how much cash

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Aramco, Sumitomo seek funds for $8.5bn PetroRabigh expansion

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32-billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom. No figures for how much cash

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PetroRabigh restarts after shutdown

Saudi Arabia's PetroRabigh is gradually resuming production after a technical failure at one of its units forced a shutdown of some operations on Saturday, the petrochemicals producer said in a bourse statement on Sunday. The

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Aramco, Sumitomo to transfer project to PetroRabigh

Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned 32 billion riyal ($8.5 billion) petrochemical facility to their joint venture PetroRabigh, the venture said on Sunday. The new facility, known as Rabigh II, i

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PetroRabigh expansion cost jumps to $8.5bn

The expansion of a petrochemicals complex in Saudi Arabia owned by Saudi Aramco and Sumitomo Chemical is now expected to cost 32 billion riyals ($8.5 billion), higher than previously estimated, the joint venture said. The expansio

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PetroRabigh expansion cost jumps to $8.5bn

The expansion of a petrochemicals complex in Saudi Arabia owned by Saudi Aramco and Sumitomo Chemical is now expected to cost 32 billion riyals ($8.5 billion), higher than previously estimated, the joint venture said. The expansio

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PetroRabigh unit shutdown extended

Saudi Arabia's PetroRabigh will extend the shutdown of a vacuum gas oil treatment unit to April 25, the company said. The joint venture between Saudi Aramco and Japan's Sumitomo Chemical said last month that the unit would

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