Saturday 20 December 2014
 
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petrochemical

Propylene consumption hits 85m tonnes

About 85 million tonnes of propylene, the second most important petrochemical feedstock, were consumed worldwide last year, according to a recent study. The study by market research institute Ceresana pointed out that its direct a

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Propylene consumption hits 85m tonnes

About 85 million tonnes of propylene, the second most important petrochemical feedstock, were consumed worldwide last year, according to a recent study. The study by market research institute Ceresana pointed out that its direct a

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Most Gulf firms, barring petchem companies, can prosper with $70 oil

Plunging stock markets in the Gulf show investors are panicking about the prospect of $70 oil next year. But heavy state spending means most firms in the region, with the big exception of petrochemical producers,

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Gulf petchem firms' earnings may suffer; others will be fine

Across the Gulf, petrochemical companies' earnings are set to suffer following the deep decline in oil prices. However, heavy state spending means most firms in other sectors in the region are likely to do just fine. Petrochemical p

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Sadara chemical complex now 75pc complete: CEO

Construction of the $20-billion Sadara chemical complex in Jubail Industrial City II, Saudi Arabia, has reached 75 per cent and is proceeding on plan and on schedule with best-in-class performance in safety, said Ziad Al Labban, CEO of Sadara

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US shale gas, China polyethylene may challenge Gulf petchems

Low oil prices, US shale gas and China's polyethylene could pose a challenge to the Gulf region's petrochemical industry, Qatar's Energy and Industry Minister Mohammed Saleh Al Sada said.   "One

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China biggest market for Gulf petchem producers

Gulf countries exported 39.5 million tonnes of chemicals to Asia last year, with China accounting for the largest share, according to Gulf Petrochemicals and Chemicals Association (GPCA) figures. The development of the manufacturi

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China biggest market for Gulf petchem producers

Gulf countries exported 39.5 million tonnes of chemicals to Asia last year, with China accounting for the largest share, according to Gulf Petrochemicals and Chemicals Association (GPCA) figures. The development of the manufacturi

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UAE ‘produces 2.4m tonnes of polymers’

The UAE produces 2.4 million tonnes of polymers, commanding a share of 10 per cent of the total GCC production of 23.9 million tonnes, according to petrochemical industry experts. This was revealed at the launch of ArabPlast 2015,

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Equate wins sustainability award

Equate Petrochemical Company, Kuwait’s first international petrochemical joint venture, has received the BGreen’s Lifetime Achievement Award 2014 for sustainability related achievements. The award was received by Equat

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