Wednesday 3 September 2014
 
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petrochemicals

Saudi petchem, retail stocks to drive investor appeal

Saudi Arabia’s energy-related stocks such as petrochemicals as well as underpenetrated consumer markets such as retail will see immediate investor interest when the kingdom opens its $700 billion equity market to foreigners in early 2015,

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Sabic 'committed to sustainability, value creation'

Saudi Basic Industries Corporation (Sabic) has released its 2013 Sustainability Report, entitled ‘Creating Lasting Value’, reflecting the company’s commitment to continuously create more sustainable business processes and more

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Sabic, SK Global set up JV

Saudi Basic Industries Corp (Sabic) said on Monday it had entered into a $595 million 50-50 joint venture agreement with Korean petrochemical manufacturer SK Global Chemical to produce polyethylene products. The venture will opera

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Sabic, Korean firm to set up $595m JV

Saudi Basic Industries Corp (Sabic) said on Monday it had entered into a $595 million 50-50 joint venture agreement with Korean petrochemical manufacturer SK Global Chemical to produce polyethylene products. The venture will opera

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70 HR experts meet at Dubai petchem forum

More than 70 leaders in human resources (HR) are meeting to discuss strategies for challenges in the oil, gas and petrochemical HR sector at a major annual HR summit that opened in Dubai today (May 13). The ninth edition of the HR

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70 HR experts meet at Dubai petchem forum

More than 70 leaders in human resources (HR) are meeting to discuss strategies for challenges in the oil, gas and petrochemical HR sector at a major annual HR summit that opened in Dubai today (May 13). The ninth edition of the HR

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Gulf Petrochemicals set for $1.5bn expansion

Bahrain-based Gulf Petrochemicals Industry Company (GPIC) is close to securing gas allocation from the government for its $1.5 billion expansion project, it has emerged. Speaking on the sidelines of the MEED Bahrain Energy 2014 Fo

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Sabic Q1 profit falls 1.8pc to $1.72bn

Profit at Saudi Basic Industries Corp (Sabic), one of the world's biggest petrochemical firms, slipped 1.8 percent in the first quarter of this year as lower product prices offset rises in production and sales volumes. Sabic m

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Iran to increase gasoline imports by March 2015

Iran aims to increase it gasoline imports by March 2015, a senior Iranian oil official said on Thursday, as the country has stopped using domestic petrochemical plants to produce the fuel. Imports are a sensitive subject for energy-rich

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Saudi plans oil-to-chemicals plant at Yanbu

Saudi Arabia plans to build a plant able to turn crude directly into chemicals, without first having to refine the oil, Saudi Oil Minister Ali al-Naimi said on Tuesday. Development of the Saudi petrochemical sector is part of Riya

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