SABIC, Saudi Basic Industries Corporation, is expected to benefit from its expanding production base, improving petrochemical and fertiliser prices and growing demand, according to a new report by the Saudi bank, NCB Capital (NCBC).
Technology
Petrochem commercial operations to start in Q2 2012
NCB Capital (NCBC) released a new report on Petrochem and expects the company to continue to report losses until Q2 2012 when its petrochemical complex will start operations.
Al Waha to start commercial operations in Q2 2011
The Saudi bank, NCB Capital (NCBC), has released a new report on Sahara Petrochemical Company. NCBC expects Saharas Al Waha project to start commercial operations in Q2 2011 and argues that the start up will be a positive trigger for the companys stock.
Ratings on Bahrain lowered on worsening political situation; watch negative remains
'Revolutionary’ tank gauging system launched
Emerson Process Management announced the launch of the new Raptor tank gauging system.