GE and Carbon Holdings have signed a $500 million agreement to provide technology and equity support to the greenfield naphtha cracker and olefins complex project of Tahrir Petrochemicals in Ain Sokhna, Egypt.
As part of the partn
Kuwait's state-run Petrochemical Industries Co (PIC) plans to build an olefins complex at a cost of about $3 billion, the firm's managing director said in an oil ministry publication.
'PIC plans to build a third olefins complex
Saudi Basic Industries Corporation (Sabic) and German-based The Linde Group have announced the first successful commercialisation of Linear Alpha Olefins (LAO), using α-Sablin technology developed jointly by Sabic and Linde.
Saudi industrial group Tasnee has started selling surplus olefins from its Saudi Ethylene and Polyethlene Company (SEPC) into the domestic market, a company spokesman said.
The plant, which is a joint-venture between Tasnee and Sahara Petr