Mesaieed Petrochemical Holding, a unit of state-owned Qatar Petroleum, has planned to raise US$880mn through an initial public offering (IPO) of 26 per cent of its shares, end of this year
Petrochemicals
Maire Tecnimont awarded FEED contract for Qatar’s Al Sejeel Petrochemical Complex
Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) have awarded a front-end engineering and design (FEED) contract to Maire Tecnimont for Al Sejeel Petrochemical Complex, which will be built in Ras Laffan Industrial City
QP signs butadiene extraction plant deal with Japanese companies
Qatar Petroleum (QP) has signed a memorandum of understanding (MoU) with two Japanese companies for the development of an integrated butadiene extraction and elastomer complex in Ras Laffan
GCC earns US$97.3 billion from petrochemicals in 2012
The total revenue earned by the GCC petrochemical industry in 2012 amounted to US$97.3bn, according to a Gulf Petrochemicals & Chemicals Association (GPCA) report
GE and Carbon Holdings sign Egyptian petrochemical deal
GE and Carbon Holdings have signed a US$500mn technical support agreement for Tahrir Petrochemicals’ greenfield naphtha cracker and olefins complex project in Ain Sokhna, Egypt