Keyword: Petrochemicals

News

Ineos Acquires the Eastman Texas City Site

29.09.2023 -

Petrochemicals giant Ineos has agreed to buy compatriot Eastman’s Texas City site, including the 600 kt acetic acid plant and all associated third party activities on the...

News

DuPont to Pay $19 Million for 2014 Plant Explosion

26.04.2023 -

Du Pont has been found guilty of criminal negligence and fined $12 million in connection with a November 2014 explosion that killed four employees of its methyl mercaptan...

News

Saudi Arabia Gives Sovereign Wealth Fund fresh Cash

20.04.2023 -

Saudi Arabia is transferring another 4% chunk of state-owned oil giant Saudi Aramco, parent company of petrochemicals and plastics producer SABIC, to Sanabil Investments...

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Saudi Aramco in China Refinery Project

30.03.2023 -

Saudi Arabia is on a path toward establishing a major presence in the Chinese market. Saudi Aramco, the world’s biggest oil producer, said it plans to start construction...

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Aramco and Sinopec Plan Projects in China, Saudi Arabia

20.12.2022 -

Aramco and Sinopec have signed two separate agreements to develop petrochemical complexes in their home countries of Saudi Arabia and China.

News

Plastics Industry Slams new US Legislative Proposal

12.12.2022 -

US chemicals and plastics producers have expectedly slammed a new legislative initiative called Protecting Communities from Plastics Act (PCPA) introduced by Democratic...

News

SABIC, Aramco Invest in PKN Orlen

05.12.2022 -

SABIC, Saudi Aramco and PKN Orlen have signed a joint development agreement to assess the technical and economic feasibility of a petrochemical project in the Polish city...

News

Bloomberg Funds Program to Block US Petchem Projects

26.09.2022 -

Michael Bloomberg, the founder of US-based financial, software, data and media group Bloomberg LP and a United Nations special envoy on climate ambition and solutions...