A joint venture of Saudi Basic Industries Corporation (Sabic) and Mitsubishi Rayon has signed a contract to construct two plants in the east of the kingdom worth 4.5 billion riyals ($1.2 billion), a statement said on Thursday.
Authorities in northeastern China on Sunday ordered a petrochemical plant to be shut down immediately after thousands of people demonstrated, demanding the relocation of the factory.
Demonstrators in the port city of Dalian, in Liaoning p
Royal Dutch Shell and Qatar Petroleum (QP) will jointly study building a major petrochemicals plant in the Ras Laffan industrial city in Qatar, Shell said.
'The scope under consideration would include a mono-ethylene glycol plant of up
State oil giant Saudi Aramco and US firm Dow Chemical are considering relocating their planned giant petrochemical complex to Jubail, industry sources said on Wednesday.
When Aramco and Dow announced plans to build the $