Saturday 31 January 2015
 
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petrochemical

Petchem prices fall 18pc, biggest drop in 6 years

Global petrochemical prices fell about 18 per cent in December, the biggest month-over-month drop since November 2008, even as energy and naphtha prices continued to slide, according to a report. The prices in the more than $3-tri

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Shell to build $11bn petchem plant in Iraq

Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser Al-Esawi said on Wednesday. Al-Esawi told a press conference in Baghdad the

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Shell to build $11bn petchem plant in Iraq

Royal Dutch Shell has signed a deal with Iraq worth $11 billion to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser Al-Esawi said on Wednesday. Al-Esawi told a press conference in Baghdad the

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Equate turnaround sets new benchmark

Equate Petrochemical Company, Kuwait’s first international joint venture, hosted a number of leaders from Kuwait Petroleum Corporation (KPC) and subsidiaries during the company’s world record breaking turnaround (TA) that has set a n

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Equate turnaround sets new benchmark

Equate Petrochemical Company, Kuwait’s first international joint venture, hosted a number of leaders from Kuwait Petroleum Corporation (KPC) and subsidiaries during the company’s world record breaking turnaround (TA) that has set a n

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GPIC in push to bolster China ties

Bahrain-based Gulf Petrochemical Industries Company (GPIC) president Dr Abdulrahman Jawahery received a high-level Chinese oil delegation and discussed co-operation to promote investment opportunities and training programmes, a report said.

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Oil price slump makes 2015 outlook unclear, says Tasnee

The new chief executive of Saudi Arabia's National Industrialisation Co (Tasnee) said on Tuesday that slumping oil and petrochemical prices were creating a difficult near-term outlook for the industry. Mutlaq Al Morished spoke

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Sabic Q4 profit down 29pc to $1.16bn

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, reported a 29 per cent plunge in fourth-quarter net income on Sunday, widely missing analysts' forecasts because of the tumble of global oil prices.

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Sabic Q4 profit down 29pc to $1.16bn

Saudi Basic Industries Corp (Sabic), one of the world's largest petrochemicals groups, reported a 29 per cent plunge in fourth-quarter net income on Sunday, widely missing analysts' forecasts because of the tumble of global oil prices.

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Qatar Petroleum, Shell halt $6.4bn petrochemical project

Qatar Petroleum and Shell said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in the Gulf state, the region's second big energy project to be shelved since oil prices began to plunge late last year.

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