Saturday 2 August 2014
 
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petrochemical

Sabic Q2 profit rises 7pc to $1.72 billion

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups and the Gulf's largest listed company, reported a 7 percent increase in second-quarter net income on Sunday, matching analysts' forecasts.

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Safco posts fifth straight profit decline

Saudi Arabian Fertilizer Co (Safco) posted a fifth-straight decline in quarterly earnings on Sunday, missing analyst estimates with a 7.8 percent fall in second-quarter net profit after higher sales failed to make up for lower prices.

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GPIC posts record production in H1

Bahrain-based Gulf Petrochemical Industries Company (GPIC) has reported record production for the first half of the year. The petrochemical company saw its total exports of ammonia, urea and methanol hit 557,000 tonnes for the fir

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GPIC wins top British health-safety award

Bahrain-based petrochemicals major GPIC has won the British Royal Society for the Prevention of Accidents (RoSPA)'s health and safety award for the chemicals sector. At an event held under the patronage of British Queen Elizab

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WORLD FIRST: Sabic to build oil-to-chemicals complex

Saudi Basic Industries Corp (Sabic) said it was in the last stages of preliminary studies for the construction of the world’s first oil-to-chemicals (OTC) complex in Saudi, whose operations was likely to start by the end of 2020.

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WORLD FIRST: Sabic to build oil-to-chemicals complex

Saudi Basic Industries Corp (Sabic) said it was in the last stages of preliminary studies for the construction of the world’s first oil-to-chemicals (OTC) complex in Saudi, whose operations was likely to start by the end of 2020.

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China stalls petchem as US competition grows

China's top refiner Sinopec Corp is scaling back billions of dollars in petrochemical investments in the face of growing US competition in the sector and rising local opposition to oil and gas plants over environmental concerns.

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China stalls petchem as US competition grows

China's top refiner Sinopec Corp is scaling back billions of dollars in petrochemical investments in the face of growing US competition in the sector and rising local opposition to oil and gas plants over environmental concerns.

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Industries Qatar Q1 net profit falls 38pc

Petrochemicals and metals company Industries Qatar (IQ) posted a 38 percent drop in first-quarter net profit on Sunday, trailing analysts' forecasts. The Gulf's second-largest chemical producer by market value, after Saudi

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Sabic 'will help spur new downstream industries'

Sabic, as part of its 2025 strategy, will seek to enable new downstream industries to flourish with the introduction of new innovative products, and world class innovation support, said the global petrochemical company's CEO.

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