Keyword: SABIC

News

ExxonMobil and SABIC Form JV for US Cracker

04.05.2018 - US oil and energy giant ExxonMobil has formed a joint venture with SABIC for their Gulf Coast Growth Ventures project in San Patricio County, Texas, USA. The shares in the jv were...

News

KBR Wins Saudi COTC Contract

02.05.2018 - Saudi Aramco and SABIC have awarded a contract to US contractor KBR for the project management and front end engineering design (FEED) of its proposed crude oil-to-chemicals (COTC)...

News

ExxonMobil Outlines Aggressive Growth Plans

25.03.2018 - ExxonMobil has outlined an aggressive growth strategy to more than double earnings and cash from operations by 2025. The program includes steps to increase earnings to $31 billion...

News

Wood Wins Saudi Crude-to-Chemicals Contract

12.03.2018 - SABIC and Saudi Aramco have awarded a contract to the UK’s Wood Group for the development of their proposed $20 billion crude oil-to-chemicals complex at Yanbu, Saudi Arabia. The...

News

SABIC Acquires 24.99% Stake in Clariant

26.01.2018 - In a surprise move, Saudi Arabian petrochemicals and plastics producer SABIC has stepped in as a white knight to rescue Swiss specialty chemicals producer Clariant from the jaws of...

Markets & Companies

2017 Through the Rear-view Mirror

09.01.2018 - Mergers and acquisitions, new petrochemical projects, the dismantling of US environmental regulations and a tussle over the hazards of pesticides in Europe, along with a protracted...

Markets & Companies

2017 Through the Rear-view Mirror

09.01.2018 - In the run-up to its merger with DuPont, Dow last year announced investments worth $4 billion to be realized over the next five years, including an expansion of its Texas cracker...

News

SABIC and Aramco Sign Oil-to-Chemicals MoU

29.11.2017 - Saudi Aramco and SABIC have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil–to–chemicals (COTC) complex in Saudi Arabia. Front-end engineering...