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2734 record found.

Global producers form alliance to end plastic waste

The alliance aims to invest $1.5 million over the next five years…

  • 16.01.2019

EIA: US is set to become steady net exporter of crude in Q4 2020

The US oil production is expected to increase in 2019 and 2020…

  • 16.01.2019

Saudi Aramco considers issuing bonds to fund SABIC deal

The petrochemical giant will issue around $10 billion in bonds to help buy 70% of SABIC…

  • 14.01.2019

Saudi major issues drops for January in global PE markets

PE prices extended their downward trend into the new year in major markets. A Saudi Arabian major also issued a new round of drops for January in China, Turkey, Middle East and Africa...

  • 11.01.2019

Saudi producers conclude January PP, PE deals lower in Egypt

A Saudi major’s latest deals suggested decreases of up to $120/ton for PE and $30/ton for PP…

  • 09.01.2019

Oil stretches streak of gains to 7th session on positive sentiment

Prices were boosted by easing oversupply fears, as well as the positive sentiment stemming from the extended US-China trade talks…

  • 09.01.2019

Players tread with caution in Mid-Eastern and African PP, PE markets

PP and PE markets in the Middle East and Africa have had a quiet start to the year as a lack of consensus on the market outlook found reflection in the trading activities. New offers for January were revealed steady to softer from last month, sustaining the same trend in place for the large part of last year...

  • 08.01.2019

Mid-Eastern producers announce initial Jan PP, PE offers in Egypt

Saudi major kept new prices unchanged from its latest levels...

  • 03.01.2019

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

Emirati players received rollovers to decreases from producers…

  • 02.01.2019

Initial Jan PP, PE offers announced in Saudi Arabia

The Saudi major’s latest PP offers were SAR75/ton below December levels…

  • 02.01.2019

A look back at Middle Eastern, African PP markets in 2018: Softening trend prevails on tepid demand

Middle Eastern and African PP markets started the year with strong pricing policies because of several shutdowns at the regional plants and then-high monomer and feedstock costs. However, the latter half of the year saw markets track the global downtrend amid poor macroeconomic conditions and political uncertainties...

  • 27.12.2018

Oil settles higher as Saudis reportedly mull cutting exports to US

Shipments from Saudi Arabia to the US fell to a 30-year low in November…

  • 14.12.2018

IEA revises estimates for non-OPEC supply in Nov report

New data in the latest report showed little change to the agency’s previous estimates…

  • 13.12.2018

Bearish trend pervades Mid-East and African PE markets in 2018

PE prices have tracked a downward trend for the most part of 2018 in the Middle East and Africa. Local and import markets have been falling for the last 8- 9 months in a row. ChemOrbis Price Indices currently represent the lowest levels of the past few years in many countries across these regions...

  • 13.12.2018

Media sources: OPEC nears agreement on production cuts

A total of 1.2 million barrels of oil will be off the market in 2019…

  • 07.12.2018

Saudi major applies decreases in global PE markets for December

The year-end lull in global PE markets coupled with falling upstream prices shaped the major producer’s pricing policy for this month. Accordingly, the producer came with visible price decreases across the board...

  • 07.12.2018

Saudi Sipchem, Sahara sign binding agreement for merger

The merger will be executed through share exchange…

  • 06.12.2018

OPEC yet to reach oil output decision, waits on Russia

Saudi Arabia has reportedly proposed a lower-than-expected production cut…

  • 06.12.2018

SABIC signs deal for new chemical recycling plant in Netherlands

A proposed new plant will provide feedstock for SABIC’s crackers in Europe…

  • 05.12.2018

Another Saudi producer announces Dec PP, PE offers to local market

The latest prices were in line with expectations…

  • 04.12.2018

Saudi major announces initial Dec PP, PE offers to Egypt

December offers were unchanged for the 2nd month in a row…

  • 04.12.2018

Saudi producers reveal December PP, PE offers to local market

New offers showed decreases compared to November…

  • 03.12.2018

Saudi Al Waha shuts PP plant on technical issues

The 450,000 tons/year unit will resume operations in 30 days…

  • 30.11.2018

IEA reports jump in global oil supply as OPEC eyes cutbacks

Producers more than compensated the declining output in Venezuela and Iran in October…

  • 15.11.2018

Saudi Aramco delays IPO until 2021

The state-controlled oil giant is on track for listing within three years…

  • 12.11.2018

2734 record found.
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