Thursday 20 November 2014
 
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methanol

Bahrain firm hails EU’s duy suspension on methanol

A Bahrain-based Gulf Petrochemical Industries Company (GPIC) has welcomed a European Union (EU) decision to suspend the customs duty levied on the import of methanol from Arabian Gulf states. The 5.5 per cent levy on such imp

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Sabic, Sinopec in talks over $5bn methanol plant

Saudi Basic Industries Corporation (Sabic) and China Petroleum & Chemical Corp (Sinopec) have started negotiations with Trinidad and Tobago to build a $5.3 billion methanol complex there, Sabic said on Saturday. Sabic and its Chinese

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Qurain puts Algeria plant costs at $700m

Kuwait's Qurain Petrochemicals Co. expects costs for an Algerian methanol plant contract it has won as part of a consortium to amount to $700 million. Algeria officials had put the costs of the plant, which Qurain will build with a consort

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