Emirates National Oil Company (ENOC) has signed a Memorandum of Understanding (MoU) with IMS Oil Trading, an international trading operator in Greece to exclusively supply lubricants for up to 16 product tankers at IMS Oil’s Fujairah and Singapore ports
Petrochemicals
Aramco Chemicals selects LogiPoint as export hub for petrochemical products
LogiPoint has entered into an agreement with Aramco Chemicals Company (ACC) to provide export logistics services from its Bonded and Re-Export Zone (BRZ) adjacent Jeddah Islamic Port
Saudi Aramco to buy Reliance’s refining and petrochem businesses for US$15bn
Oil producer Saudi Aramco will take a 20 per cent stake in Reliance Industries’ refining and petrochemical businesses
Clariant Catalysts expands in the Middle East with new office in Saudi Arabia
Clariant has announced that the Catalysts business of the company has opened a new service and support office in Jubail, Saudi Arabia
'Middle East third highest in global ethylene capacity additions by 2023'
Middle East will be the third-highest region in terms of ethylene capacity addition in the global ethylene industry, growing at an average annual growth rate (AAGR) of 5.3 per cent from 36.04 mtpa in 2018 to 46.94 mtpa in 2023, according to GlobalData, a data and analytics company
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