Petrochemicals

Jadwa Investment: petrochemicals have grown to be one of the main pillars of the Saudi economy

vision 2030Jadwa Investment have released its report 'Petrochemicals and the Vision 2030,' stating that the Saudi petrochemical industry has become an important pillar of the Kingdom's economy, but will face local and international challenges to maintain this level of growth 

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IHS Markit: sanctions relief strengthens NPC Iran's petrochemical outlook

industrial 720706 1280The IHS Markit report entitled, IHS Chemical NPC Iran Competitive Company Analysis, stated that NPC Iran is the second-largest producer and exporter of petrochemicals in the Middle East, only behind SABIC of Saudi Arabia

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Gulf Oil Middle East launch SUV engine oil, unveiled by Manchester United legends

Manchester United football legends Dwight Yorke and Peter Schmeichel unveil new lubricant in DubaiGulf Oil Middle East launched a specially formulated engine oil for SUVs, Gulf Formula ULE 5W-40, which was unveiled on 5 February by Manchester United legends Dwight Yorke and Peter Schmeichel 

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Versalis and Sonatrach sign MoU for chemical complex in Algeria

Hydro Polymers PVC Plant geograph.org.uk 60976Versalis (Eni) and Sonatrach signed a Memorandum of Understanding in Algiers to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria


Versalis (Eni) and Sonatrach signed a Memorandum of Understanding in Algiers today. The agreement is to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria. The agreement follows the cooperation agreement signed by Eni and Sonatrach last November and provides for the terms of a study aiming at enhancing hydrocarbons with value-added petrochemical products through the development, in Algeria, of one or a few world-scale industrial petrochemical facilities.

This agreement represents an opportunity for Versalis to collaborate with an integrated oil corporation, to which the Italian chemical producer will offer its industrial experience in managing large petrochemical plants, and the access to its proprietary technologies, within the framework of strategic joint projects.

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ADNOC looks to triple petchem output by 2025

refinery danielwest sxcAbu Dhabi National Oil Company (ADNOC) plans to almost triple its petrochemical production to an annual 11.4mn tonnes by 2025 from 4.5mn tonnes at present, group chief executive Sultan Al Jaber has announced

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