Saudi Aramco eyes to buy refinery from India’s Essar Group
Saudi Aramco has completed preliminary discussions with India’s Essar Group with regards to buying the latter’s refinery business for US$5.5bn
Petrochemicals
Gulf Petrochem announces US$50mn Fujairah Terminal expansion plan
Gulf Petrochem Group has announced its expansion plans for Fujairah Terminal ahead of its EPC tender that is expected to go out early next week
King Salman and China president launch YASREF Refinery in KSA
Salman bin Abdulaziz Al Saud, King of Saudi Arabia, and China President Xi Jinping jointly inaugurated the Yanbu Aramco Sinopec Refining Company (YASREF) Refinery during the premier’s visit to the Kingdom last week
Sadara brings specialty chemicals to the fore
Sadara Chemical Company sponsored and participated in the GPCA PlastiCon 2016, showcasing its suite of performance chemicals and plastics products
Kuwait’s PIC acquires equity in South Korea venture
Kuwait’s Petrochemicals Industries Co (PIC) is said to have paid US$100mn for the minority share in South Korea’s SK Advanced
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