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
Petrochemicals
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
GCC’s petrochemicals exports ‘to hit record high in 2014’
The GCC’s petrochemical exports will hit a record high this year with the World Trade Organization’s (WTO) Bali Package set to come into effect, according to the Gulf Petrochemicals and Chemicals Association (GPCA)