French firm subsidiary Air Liquide Arabia has began producing hydrogen from Yanbu Industrial City, located on the west coast of Saudi Arabia
Petrochemicals
Saudi Kayan reschedules maintenance work
Saudi Kayan has pushed back maintenance work at some of its plants by six months to March 2016
Global petrochemical prices continued to climb in May
Petrochemical prices in the US$3 trillion-plus global petrochemicals market climbed another four per cent month over month in May
Oman to build petchem plant and refinery in Indonesia
Oman will invest US$7bn to build oil storage facilities, a petrochemical plant and a refinery as well as supply crude oil to the Southeast Asian country, an Indonesian minister has announced
Gulf Capital invests in Egypt's Carbon Holdings
Gulf Capital and Carbon Holdings have entered a debt financing agreement to support three of the latter’s mega-industrial projects in Ain Al Sokhna on the Suez Canal in Egypt, in a bid to strengthen their presence in the region
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