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Sabic, Vopak launch JV for new storage terminalSaudi Basic Industries Corp (Sabic), a leading petchem manufacturer, and Cutch-based tank storage service provider Royal Vopak have launched a joint venture to build a new storage terminal in King Fahd Industrial Port at Jubail. T More… |
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Sabic eyes US investments on back of shale gas boomSaudi Basic Industries Corp (Sabic) is considering investments in the US to capitalise on the shale gas boom there, its chief executive officer told Reuters on Monday. "We have to participate in the shale gas business and we More… |
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No decision yet on Saudi-Bahrain rail lineA planned rail bridge from Saudi Arabia to Bahrain is still under consideration but no decision has been made, a senior Saudi Railway Company (SAR) official said on Tuesday. Bashar Almalik, SAR& More… |
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Aramco, Dow JV picks banks for sukukSadara, the $20 billion petrochemical joint venture between oil giant Saudi Aramco and Dow Chemical, picked four banks to manage the Islamic bond, or sukuk, portion of its multi-billion dollar fundraising, three sources said on Tuesday. De More… |
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Dow Chemical unit to build coatings facility in JubailThe Dow Chemical Company, a leading coatings raw material supplier in the world, today announced plans to invest in a new manufacturing facility of its Dow Coating Materials (DCM) business unit in Saudi Arabia. DCM is the premier supplier More… |
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Foster Wheeler wins Saudi contractFoster Wheeler said the subsidiaries of its Global Engineering and Construction Group have won a contract to develop a Propylene Oxide unit at Jubail industrial city in Saudi Arabia. The engineering, procurement and construction management More… |
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Isacc picks NCB as advisor for $293m plantIdea Soda Ash And Calcium Chloride Company (Isacc) has appointed NCB Capital as the financial advisor for its new SR1.1 billion ($293 million) Jubail inorganic chemicals factory in Saudi Arabia. The new Jubail Inorganic Chemical More… |
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Qurain plans $1bn petchem plant in SaudiKuwait's Qurain Petrochemical Industries Co (QPIC) plans to develop a petrochemical plant in Saudi Arabia, expected to cost more than $1 billion, it said on Monday. United Industries Co, a Kipco Group company, is a major shareholder i More… |
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Dow, Aramco launch Sadara joint ventureThe Dow Chemical Company and Saudi Arabian Oil Company (Saudi Aramco) have announced the official formation of Sadara Chemical Company (Sadara), a joint venture between the two companies. Sadara’s board of directors and its senior officers More… |
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Saudi firm to develop $293m soda ash facilitySaudi-based Idea Soda Ash and Calcium Chloride Company (Isacc) has signed up Jacobs Engineering to build a soda ash and calcium chloride production facility at cost of SR1.1 billion ($293.3 million) in Jubail. The facility will be the More… |
