Saudi Aramco and Saudi Basic Industries Corporation (Sabic) are moving ahead with their plans to build a mega-petrochemical complex in Yanbu, said Indrajit Sen, GlobalData’s energy and technology editor
Petrochemicals
May heralds even more disruption and uncertainty for petrochemicals
Nigel Davies, Insights Editor at ICIS, examines the potential for further disruption and uncertainty for the petrochemicals sector in May
JXTG to start feasibility study on ENB expansion in Saudi Arabia
Japanese petroleum company JXTG Nippon Oil & Energy Corporation has announced a feasibility study for a new ethylidene norbornene (ENB) plant to be built in Jubail, Saudi Arabia, as part of the Amiral petrochemical complex, announced by state oil giant Saudi Aramco and Total in 2018
Ashurst advises PIC on major petrochemical joint venture with SKC
The planned formation of a major petrochemical joint venture between Kuwait’s Petrochemical Industries Company (PIC) and South Korea’s SKC completed on 29 February 2020
UAE’s Mubadala sells majority stake in Borealis for US$4.68bn
Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and OMV, an international integrated oil and gas company headquartered in Vienna, have signed an agreement that will give OMV a majority stake in Borealis, one of Europe’s leading petrochemical companies
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