Keyword: SABIC

Markets & Companies

Chemical Recycling: Racing to Close the Loop

22.11.2019 - In Europe, chemical recycling, also known as feedstock recycling, is the “buzz” phrase of the moment, thanks especially to the EU’s Circular Economy plans that passed all instances...

News

Aramco to Delay Payment on SABIC Acquisition

06.11.2019 - Under a revised agreement between the two Saudi companies inked in October, Saudi Aramco will delay fully paying for the $69.1 billion acquisition of a 70% stake in SABIC by four...

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Drone Strike may Impact Aramco’s Output

29.10.2019 - Saudi chemicals giant Sabic has quantified the impact of September’s drone attack on oil facilities of its now almost-parent company Saudi Aramco last month at 400,000-500,000 t of...

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Saudi and Russia Sign Methanol/Fertilizer Projects

16.10.2019 - Russia’s sovereign wealth fund Russian Direct Investment Fund (RDIF) is investing in projects with SABIC and Saudi Arabian Minding Company (Ma’aden). The organization made the...

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Consortium Studies Cracker of the Future

29.08.2019 - Six major petrochemical producers have formed a consortium to jointly investigate whether they could use renewable electricity instead of fossil fuels in naphtha- or gas-based...

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Air Liquide Boosts North American Capabilities

01.08.2019 - Air Liquide has signed a long-term agreement to supply oxygen and nitrogen to Gulf Coast Growth Ventures’ (GCGV) proposed ethane cracker near Corpus Christi, Texas, USA. The gases...

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Clariant Makes Waves With a Triple Shock

26.07.2019 - For two days this week, Clariant dominated European business and stock market news. After dropping the first bombshell on Wednesday (Jul. 24) that its CEO, Ernesto Occhiello, had...

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Clariant’s CEO Ernesto Occhiello Resigns

24.07.2019 - Swiss chemicals major Clariant announced today that its CEO Ernesto Occhiello has resigned for personal reasons with immediate effect. Hariolf Kottmann, chairman of the company's...