The European Bank for Reconstruction and Development (EBRD) has announced to provide US$200mn loan to help in energy efficiency and modernisation of the oil refinery owned by Suez Oil Processing Company (SOPC) in Egypt
Sadara Chemical Company has signed a supply agreement with Harcros-ARA, a new venture being established by international manufacturer and distributor of industrial and specialty chemicals Harcros Chemicals Inc and Riyadh-based ARA Specialty Industrial Company
Consulting firm A.T. Kearney expects merger activity among chemical companies in the Middle East and Africa to pickup in 2018 as national oil companies in the Gulf beef up and diversify their downstream portfolio
Pak-Arab Refinery Ltd (PARCO) has awarded oilfield services company TechnipFMC an engineering contract for a refinery at Hub near Karachi, Pakistan
The Abu Dhabi National Oil Company (ADNOC) and OCP Group of Morocco (OCP) agreed to create a fertilisers joint venture, as part of ADNOCs attempt to diversify its portfolio from oil and gas assets
