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Saudi Aramco considers buying stake in India’s Reliance

The Saudi oil major is reportedly negotiating for the purchase of a minority share these days…

  • 18.04.2019

Saudi Aramco to purchase stake in S. Korea's Hyundai Oilbank

The investment is valued at around $1.25 billion…

  • 16.04.2019

Iran’s petrochemical exports decline amid US sanctions

Total exports of petrochemical products during the last fiscal year declined by around 10% y-o-y...

  • 15.04.2019

Source: Five plants affected by logistical hurdles in Iran

PE production has been affected by the flood-hit ethylene pipeline…

  • 10.04.2019

Flood disrupts ethylene supply in western Iran

Damage caused by the flood caused a leak in West Ethylene Pipeline…

  • 10.04.2019

Saudi Advanced Petrochemical announces financial results for Q1 2019

Net profit surged compared to Q1 2018 while it was slightly down from the previous quarter…

  • 09.04.2019

More import and local PP, PE prices announced in UAE

Domestic producer increased offers after three consecutive months of stable pricing.…

  • 08.04.2019

Saudi major announces April PP, PE offers to UAE

The new prices saw increases ranging between $10/ton to $30/ton from March…

  • 05.04.2019

More April PP, PE offers surface in Egypt

Saudi major’s new offers rolled over or increased by $10-20/ton from March…

  • 03.04.2019

Mid-Eastern producers announce April PP, PE offers to Lebanon, Jordan

The new offers indicate rollovers to increases compared to March…

  • 03.04.2019

April PE prices cautiously up in Mid-East, Africa; PP firms for 2nd month

Middle Eastern and African PE markets have leaned towards a steady-to-firm trend in April. PE prices followed divergent paths back in March after having been on a steady to soft note during the first two months of the year. PP markets are relatively stronger, meanwhile, as monthly hikes have somewhat gained momentum across the two regions...

  • 02.04.2019

Mid-Eastern producers announce initial April PP, PE offers to Egypt

The latest offers saw modest increases compared to March…

  • 01.04.2019

Saudi Aramco signs agreement to buy majority stake in SABIC

The much-anticipated deal sees Aramco acquire a 70% stake in SABIC…

  • 28.03.2019

Turkey set to become global hub for petrochemicals

Master plan works for Ceyhan Mega Petrochemical Industrial Zone have been completed…

  • 26.03.2019

ADNOC signs three MoUs with OMV and Borealis

The companies will jointly explore new opportunities in downstream projects…

  • 25.03.2019

Qatar Petrochemical shuts LDPE unit unexpectedly

The unit was taken offline last week…

  • 22.03.2019

March PE prices take split paths in Africa, Mid-East

In the Middle East, March PE offers from the regional suppliers emerged with rollovers to increases amid higher energy and upstream costs. However, rising costs have failed filter through the March prices in African PE markets, where prices remained stable or decreased from February...

  • 19.03.2019

Saudi SABIC to merge affiliate companies SADAF and PETROKEMYA

The merger will be completed in H2 2019…

  • 13.03.2019

INVISTA licenses process tech for new PTA plant in S.Arabia

The targeted plant will produce 1.25 million tons/year of PTA…

  • 12.03.2019

IEA sees no peak in oil demand as petchem remains key growth driver

Global oil demand growth may increase by an annual average of 1.2 million b/d by 2024…

  • 11.03.2019

LATEST NEWS: Saudi Arabia's APC restarts PP line

The line was shut in February due to technical issues…

  • 04.03.2019

Import and local PP, PE offers revealed for March in UAE

Emirati players received new offers at stable levels, or with minor changes…

  • 04.03.2019

Saudi NATPET awards contract to revamp fire-damaged PP unit

Maire Tecnimont will reinstate the 400,000 tons/year plant…

  • 28.02.2019

Borouge awards three major contracts for Ruwais complex

TechnipFMC, Maire Tecnimont and WorleyParsons will provide services for project…

  • 27.02.2019

Wood awarded contract for ADNOC’s new refinery project

The project is set to become the world’s largest refining and petrochemicals complex…

  • 22.02.2019

1949 record found.
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