Keyword: Petrochemicals

News

Saudi Arabia Gives Sovereign Wealth Fund fresh Cash

20.04.2023 -

Saudi Arabia is transferring another 4% chunk of state-owned oil giant Saudi Aramco, parent company of petrochemicals and plastics producer SABIC, to Sanabil Investments...

News

Saudi Aramco in China Refinery Project

30.03.2023 -

Saudi Arabia is on a path toward establishing a major presence in the Chinese market. Saudi Aramco, the world’s biggest oil producer, said it plans to start construction...

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Aramco and Sinopec Plan Projects in China, Saudi Arabia

20.12.2022 -

Aramco and Sinopec have signed two separate agreements to develop petrochemical complexes in their home countries of Saudi Arabia and China.

News

Plastics Industry Slams new US Legislative Proposal

12.12.2022 -

US chemicals and plastics producers have expectedly slammed a new legislative initiative called Protecting Communities from Plastics Act (PCPA) introduced by Democratic...

News

SABIC, Aramco Invest in PKN Orlen

05.12.2022 -

SABIC, Saudi Aramco and PKN Orlen have signed a joint development agreement to assess the technical and economic feasibility of a petrochemical project in the Polish city...

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Bloomberg Funds Program to Block US Petchem Projects

26.09.2022 -

Michael Bloomberg, the founder of US-based financial, software, data and media group Bloomberg LP and a United Nations special envoy on climate ambition and solutions...

News

Vietnam Expands in Petchems and Plastics

26.08.2022 -

Vietnam is on its way to becoming a major Asian player in petrochemicals and plastics. Up to now, the country has lagged regional peers such as China or Malaysia in...

News

Lummus Launches Net-Zero Ethane Cracker

26.07.2022 -

Lummus Technology has launched what it terms “a major enhancement” to its technology that allows ethane-based steam crackers to achieve zero CO2 emissions.