Global PET packaging leader OCTAL is on track to complete the second phase of its operational expansion this year following a new round of funding from six Middle Eastern banks.
Petrochemicals
Iranian products prove popular
The Petrochemical Commercial Company (PCC), a subsidiary of the National Petrochemical Company (NPC), reported exporting petrochemical products worth US$7.6 billion during the first ten months of the current Iranian year (started March 21 2010).
Kingdom’s exports continue to grow
Qatar Petroleum pushes ahead with new energy projects
Qatar Petroleum has signed contracts worth US$26 billion from 2005 to 2010, 65 per cent (more than US$16.7 billion worth) of which had gone to Qatari companies.
QP and Shell to study US$6 billion petrochemical plant
Qatar Petroleum (QP) and Royal Dutch Shell signed a preliminary agreement to construct a US$6 billion petrochemical plant in Ras Laffan Industrial City in Qatar.