Friday 19 December 2014
 
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Saudi Kayan

Saudi Kayan signs $700m Islamic financing deals

Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (Sabic), said it has signed two Islamic financing deals totalling SR2.63 billion ($700 million) . The funds will be used by Kayan to fund an inc

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Saudi Kayan signs $700m Islamic financing deals

Saudi Kayan Petrochemical Company, an affiliate of Saudi Basic Industries Corporation (Sabic), said it has signed two Islamic financing deals totalling SR2.63 billion ($700 million) . The funds will be used by Kayan to fund an inc

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Saudi Kayan swings to Q3 net profit

Saudi Kayan Petrochemical said it has registered a net profit of SR43.3 million ($11.55 million) in the third quarter compared to a net loss of SR178.4 million in the same period last year.   A unit of Saudi Basi

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Saudi Kayan restarts glycol plant

Saudi Kayan Petrochemical Co (Saudi Kayan) has brought its ethylene oxide/ethylene glycol plant back into operation after scheduled maintenance and will soon restart other shuttered plants, it said on Saturday. The unit of Saudi B

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Saudi JV to build world’s largest butanol plant

Saudi Kayan, Sadara Chemical and Saudi Acrylic Acid Company (SAAC) have joined forces to establish a new company, which will build the first butanol plant in the Middle East and the largest in the world. The Saudi Butanol Company,

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Sabic affiliates to build new petchem plant

  Two affiliates of Saudi Basic Industries Corp (Sabic) have signed initial deals to build an ultra-high molecular-weight polyethylene (UHMWPE) plant in Jubail, Saudi Arabia's major industrial hub, Saudi Kayan said on Monday.

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Jacobs clinches major Saudi Kayan contract

Jacobs Engineering Group said it has clinched a major contract from Saudi Kayan Petrochemical Company to develop a process design package (PDP) and front end engineering design (Feed) package for its upcoming plant in the Kingdom. Kay

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Saudi Kayan plants start commercial operations

Saudi Kayan Petrochemical Company, a unit of Saudi Basic Industries Corporation (Sabic), said it is starting commercial operations at most of its plants on Saturday. Saudi Kayan has an annual production capacity of over 4 million tonnes of

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Kayan, Sinopec to build $130m plant

Saudi Kayan Petrochemical, a unit of Saudi Basic Industries Corp, signed a SR488 million ($130 million) contract with China's Sinopec to build a natural alcohol plant in Saudi Arabia, Kayan said on Tuesday. 'Kayan signed on Monday

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Saudi Industrial eyes Petrochem merger

Saudi Industrial Investment Group (SIIG) plans to merge with its unit National Petrochemical Co (Petrochem) and will build a $1.2 billion petrochem complex in 2012, its top executive said. SIIG currently owns 50 percent of Petrochem and pr

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