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...
09.01.2018
- Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations and a tussle over the hazards of pesticides in Europe, along with a protracted...
03.01.2018
- UK drugmaker GlaxoSmithKline (GSK) has expanded its stake in its Saudi subsidiary Glaxo Saudi Arabia Limited (GSAL) by 26% to 75%. With an investment of more than $243 million, the...
25.11.2017
- The Middle East chemical industry makes good money selling basic chemicals and uses local oil and gas in manufacturing. Hopes are high that the many major investments made by the...
10.10.2017
- Saudi Aramco has signed a Memorandum of Understanding (MoU) with Russian petrochemical giant Sibur and the Russian Direct Investment Fund (RDIF) to explore opportunities for...
23.01.2017
- Saudi petrochemicals giant SABIC and oil-chemicals major Shell have has signed an agreement calling for SABIC to acquire Shell’s 50% share in the joint venture in Shell Arabia...
31.08.2016
- The mammoth Sadara complex at Al Jubail Industrial City II, Saudi Arabia, has started up its mixed feed cracker, which will form the core for the $20 billion project operated by a...
05.06.2015
- The outlook for producers of chemicals used in the exploration and production of oil and gas has not been promising after the crash in oil prices in the second half of 2014...
