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740 record found.

14th Annual GPCA Forum to address theme of strategic partnerships

The forum is set to take place on 3-5 December 2019…

  • 09.07.2019

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

New prices indicate notable decreases from last month…

  • 03.07.2019

CP Chem reportedly bids to buy NOVA Chemicals

The company has made a $15 billion acquisition bid, media reported…

  • 24.06.2019

PP and PE markets turn softer in Egypt, Mid-East

Following a long Eid al-Fitr break, PE and PP markets in Egypt and the Middle East started the new month on a bearish note. Pricing policies saw a change of direction for the first time in several months, with most suppliers reducing their prices or announcing rollovers...

  • 11.06.2019

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

The latest offers were announced at stable levels, or with decreases of $30-60/ton from May…

  • 10.06.2019

Borouge plans to build new pre-compounded black PE plant

The new plant is expected to be completed by next year…

  • 22.05.2019

Oil settles higher for 2nd trading day on geopolitical turmoil

Prices rose following an attack on Saudi oil tankers near the UAE…

  • 16.05.2019

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

The latest offers were announced at stable levels, or with increases of $20-30/ton from April…

  • 02.05.2019

McDermott awarded contract for ADNOC’s Ruwais refinery

The company will provide FEED services for a refinery project at Ruwais Refinery in the UAE…

  • 02.05.2019

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

ADNOC signs three MoUs with OMV and Borealis

The companies will jointly explore new opportunities in downstream projects…

  • 25.03.2019

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

Stable to firm trend pervades PP markets in Mid-East, Africa

New PP offers in the Middle Eastern markets have rolled over or increased from last month amid planned and unplanned shutdowns after firming attempts showed up sporadically but somehow failed to prevail across the region in February. March offers to African PP markets are also stable to firm, first time after one year...

  • 05.03.2019

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

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

UAE eases shipping ban on Qatar

Qatar has been under a political and economic boycott since 2017…

  • 21.02.2019

Sentiment fails to improve in Feb across Mid-Eastern and African PP, PE markets

A lackluster sentiment has been clouding the PP and PE markets in Africa and Middle East since the second half of 2018. Some hike attempts have surfaced in February; however, comfortable supplies and moderate-to-low demand yet again kept prices relatively stable...

  • 12.02.2019

Initial Feb PP, PE offers revealed in UAE

New import and local prices were revealed at stable levels, or with minor changes…

  • 30.01.2019

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

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

Emirati players received rollovers to decreases from producers…

  • 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

Borouge begins construction of new PP plant in UAE

The company has broken ground on the fifth PP plant at its Ruwais site…

  • 19.12.2018

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

740 record found.
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