Sunday 1 May 2016
 
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petrochemical

Sipchem Q1 net profit down 37pc

Saudi International Petrochemical Company (Sipchem) reported a 37.1 per cent drop in first-quarter net profit on Tuesday, hurt by a fall in sales prices of all its products and an increase in production costs. Sipchem made a profi

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Sipchem Q1 net profit down 37pc

Saudi International Petrochemical Company (Sipchem) reported a 37.1 per cent drop in first-quarter net profit on Tuesday, hurt by a fall in sales prices of all its products and an increase in production costs. Sipchem made a profi

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Iran eyes $55bn petchem investment

Iran needs $55 billion of investment in the petrochemicals sector in the next 10 years, Deputy Oil Minister Marzieh Shahdaei said in the German capital on Tuesday. "Iran needs $55 billion for 60 projects in the petrochemicals

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Iran eyes $55bn petchem investment

Iran needs $55 billion of investment in the petrochemicals sector in the next 10 years, Deputy Oil Minister Marzieh Shahdaei said in the German capital on Tuesday. "Iran needs $55 billion for 60 projects in the petrochemicals

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Gulf dividend payments may sag as cheap oil weighs

Corporate dividends in Saudi Arabia and other Gulf countries may be starting to shrink as companies find it harder to raise funds, forcing them to cut payouts. For many years, high dividend yields have lured investors to Gulf bour

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Gulf petchem ‘to lift GCC stock markets’

The regional petrochemical industries are helping lift major stock markets in the Middle East, according to organisers of ArabPlast, one of the biggest three global plastics and petrochemical shows in the world. Although some upst

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Iran petrochemical exports to increase

Iran’s export of petrochemical products is moving forward according to plans, the director of production control of Iran's National Petrochemical Company (NPC) said in a report. The trend of petrochemical exports is sati

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Iran petrochemical exports to increase

Iran’s export of petrochemical products is moving forward according to plans, the director of production control of Iran's National Petrochemical Company (NPC) said in a report. The trend of petrochemical exports is sati

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Kuwait set to complete petchem project study

A study for the construction of a large petrochemical complex in the Al-Zour region of Kuwait is expected to be completed this month, a report said. “The study for the petrochemicals project in Al-Zour is expected to be comp

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Kuwait set to complete petchem project study

A study for the construction of a large petrochemical complex in the Al-Zour region of Kuwait is expected to be completed this month, a report said. “The study for the petrochemicals project in Al-Zour is expected to be comp

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