07.01.2020
- SABIC is liquidating three of its subsidiaries as part of its ongoing transformation program to become more agile and cost-efficient. In a statement to the Tadawul stock exchange...
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...
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...
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...
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...
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...
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...
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...
