Italy’s Maire Tecnimont has won a deal worth US$1bn to develop facilities for a petrochemical complex located at the Suez Canal in Egypt
Petrochemicals
GPCA chairman calls for innovation within GCC petrochemicals industry
Mohammed Al Mady, chairman of the Gulf Petrochemicals and Chemicals Association (GPCA) and vice president and CEO of SABIC has highlighted the importance of innovation for the GCC’s petrochemicals and chemicals industry
GCC petrochemical R&D investments ‘on the rise’
GCC petrochemical producers are ramping up research and development (R&D) funding despite a global slowdown in investments, according to an official from the Gulf Petrochemicals & Chemicals Association (GPCA)
Total to build petrochemical complex in Iraq
French oil explorer Total will build a ‘world-class’ petrochemical complex in Iraq as part of its strategy to develop its activities in the Middle East market
Saudi Arabia’s Red Sea refinery to be online in Q3 2014
The Red Sea refinery, a joint venture between Saudi Arabia and China, is expected to be operational in Q3 2014 in Yanbu Industrial City, according to Ministry of Petroleum and Mineral Resources
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