The GCC chemical industry has achieved a revenue of US$84.1bn in 2018, with a production capacity of 174.8mn tonnes, indicating an increase of 2.8 per cent in the contribution to regional GDP, according to a report
Petrochemicals
Baker Hughes breaks ground on first chemicals manufacturing facility in Saudi Arabia
Baker Hughes has broken ground on its first chemicals manufacturing facility in Saudi Arabia, designed to help customers improve production, reduce costs, and maximise the value of their assets across the chemicals value chain
KIPIC selects Honeywell as main automation contractor for integrated refinery complex
Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) to be the main automation contractor for its new Petrochemicals and Refinery Integration Al Zour Project (PRIZe)
ADNOC, China’s Rongsheng Petrochemical to explore growth opportunities
The Abu Dhabi National Oil Company (ADNOC) has signed a broad framework agreement with China’s Rongsheng Petrochemical to explore domestic and international growth opportunities which will support the delivery of its 2030 smart growth strategy
SABIC signs three MoUs at FII to attract investments
Saudi Basic Industries Corp. (SABIC) leaders have signed three memorandums of understanding (MoUs) with international partners through the company’s national initiative, Nusaned, at the third annual Future Investment Initiative (FII) in Riyadh
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