Keyword: joint venture

News

SABIC Completes Buy of Shell's SADAF Stake

21.08.2017 - SABIC has completed the purchase of partner Shell Arabia’s half of their 50:50 joint venture SADAF for $820 million. The transfer plans were announced on Jan. 22. The Saudi...

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Dow Plans Coatings Polymer Plant in Saudi Arabia

13.07.2017 - Dow Chemical will build a new $100 million plant to produce polymers for coatings and water treatment applications in the PlasChem Park at Jubail, Saudi Arabia. The US group also...

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Kuwait to Spend $8 Billion on Petchem Projects

11.07.2017 - Kuwait is planning to invest nearly $8 billion into petrochemical projects in Bahrain and other countries over the coming years, according to the Al-Anba newspaper. The projects...

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Celanese and Blackstone Agree Acetate Tow Merger

20.06.2017 - US chemical company Celanese and private equity group Blackstone are to combine their global acetate tow businesses. Celanese will own 70% of the joint venture, with Blackstone...

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Evonik/DSM JV Sites Fatty Acids Plant in US

19.06.2017 - Veramaris, the proposed joint venture between Evonik Nutrition & Care and DSM Nutritional Products, has chosen to locate its proposed commercial-scale plant for omega-3 fatty acids...

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US Won’t Override Sanctions for ExxonMobil

24.04.2017 - The US government will not allow ExxonMobil to bypass US sanctions against Russia to resume drilling for oil in a joint venture with Moscow-based Russian oil group Rosneft. The oil...

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BP/DuPont JV Buys Nesika Energy

06.04.2017 - A joint venture between BP and DuPont has acquired US biofuels company Nesika Energy for an undisclosed sum. The deal includes Nesika’s ethanol facility in Scandia, Kansas, USA...

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POET-DSM Plans Enzyme Plant at Project Liberty

08.03.2017 - POET-DSM Advanced Biofuels, a 50:50 joint venture between Dutch chemical producer DSM and major ethanol producer POET, will build an enzyme manufacturing plant in Emmetsburg, Iowa...