Thursday 28 July 2016
 
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petrochem

Saudi Aramco, Sabic rule out petchem units merger

National oil giant Saudi Aramco and Saudi Basic Industries Corp denied on Saturday they had any plans to merge their petrochemicals businesses after media reports on the possibility. "The companies wish to clarify that they h

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Saudi Aramco, Sabic rule out petchem units merger

National oil giant Saudi Aramco and Saudi Basic Industries Corp denied on Saturday they had any plans to merge their petrochemicals businesses after media reports on the possibility. "The companies wish to clarify that they h

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Yansab to shut petchem plants for maintenance

Saudi Arabia's Yanbu National Petrochemical Co (Yansab) plans to shut its petrochemical complex this month for maintenance for 35 days, it said in a bourse filing on Thursday. The firm, a subsidiary of Saudi Basic Industries C

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Saudi Petrochem in $319m debut sukuk issue

Saudi Arabia's National Petrochemical Company (Petrochem) has completed a 1.2 billion riyal ($319.9 million) debut sukuk issue, it said in a bourse filing on Monday. The Islamic bond, which has a five year lifespan, was priced

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520 exhibitors take part in Saudi PPPP

More than 520 local and international exhibitors from 27 countries are showcasing a variety of products at the Saudi Plast and Petrochem 2014, and Saudi Print and Pack 2014 being held in Riyadh. The largest plastics, petrochemical

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512 firms to exhibit at Saudi trade fair

As many as 512 exhibitors from 27 countries are set to attend the Saudi Plast and Petrochem 2014 and Saudi Print and Pack 2014 trade fairs this month in Riyadh. The exhibitions are to be held concurrently at the Riyadh Internation

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Investments in Saudi plastics sector hit $50bn

The investments in Saudi Arabia’s plastics sector has reached $50 billion, while its petrochemical industry is set to achieve a production capacity of over 100 million tonnes per annum by 2015, said a recent study. Saudi Pla

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Equate backs students training program

Equate Petrochemical Company has announced its sponsorship, for the fourth consecutive year, of the Kuwait Institute for Scientific Research (KISR) summer training program for high school and university students. Established in 1995, Equat

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Honeywell unit wins Takreer contract

Honeywell International, a diversified technology and manufacturing leader, said its unit UOP has won a contract from Abu Dhabi Oil Refining Company (Takreer) to provide technology for expanded petrochemical production. As per the deal, UO

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Saudi Industrial eyes Petrochem merger

Saudi Industrial Investment Group (SIIG) plans to merge with its unit National Petrochemical Co (Petrochem) and will build a $1.2 billion petrochem complex in 2012, its top executive said. SIIG currently owns 50 percent of Petrochem and pr

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