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
Petrochemicals
Emerson signs tech deal for Egypt’s petchem project, to acquire stake
Emerson Process Management has been selected to provide automation and reliability technologies and services for Carbon Holdings’ Tahrir Petrochemicals Project at Ain Sokhna, Egypt
KSA’s Sadara starts first solution PE plant in Middle East
Saudi Arabia’s Sadara, world’s largest chemical complex to be built in a single phase, has successfully started its first production plant, moving on schedule from the construction to the operational phase
Iran can attract US$70bn in petrochemical projects, report reveals
A new report released by a global research and consultancy group revealed that Iran is capable of attracting US$70bn worth of investment in its petrochemical projects
Petrochemical demand “to grow three per cent annually”
Petrochemical demand is to “grow three per cent annually between now and 2035”, according to Yousef A. Al-Benyan, SABIC acting vice chairman and CEO
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