Sunday 13 July 2014

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


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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