Saudi Kayan has pushed back maintenance work at some of its plants by six months to March 2016
Petrochemicals
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
Fine Tubes approved as KNPC supplier
UK precision tubes manufacturer, Fine Tubes, has been approved as a vendor by the Kuwait National Petroleum Company (KNPC) for the supply of ferrous and non-ferrous tubing for its refineries