Keyword: Saudi Aramco

News

Lanxess to Acquire Chemtura for $2.5 Billion

26.09.2016 - Flush with cash from the sale of a major chunk of its rubber business to Saudi Aramco, German chemical producer Lanxess has signed a “definitive agreement” to acquire US specialty...

News

Saudi Aramco-Motiva May Buy Lyondellbasell Refinery

08.09.2016 - Saudi Aramco and its US refining joint venture Motiva Enterprises are being touted as the front-runner to buy the Houston, Texas refinery that LyondellBasell has put up for sale...

News

ChemChina Signs Saudi Collaboration

01.09.2016 - ChemChina, Saudi Aramco and the National Industrial Clusters Development Program (NICDP) have signed a memorandum of understanding (MoU) to explore investment opportunities in...

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Dow Chemical Wins Saudi Trading License

15.07.2016 - Dow Chemical has become the first foreign company to receive a trading license from the government of Saudi Arabia. The status allows the US group to hold a 100% stake in the...

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Pertamina and Rosneft to Build in Indonesia

31.05.2016 - Indonesia’s oil and gas giant Pertamina and Russia’s Rosneft Oil have signed a framework cooperation agreement to develop an oil refining and petrochemical complex in Tuban, in the...

News

Lanxess Bolsters Pension Fund on Rubber Deal

12.05.2016 - German specialty chemicals producer Lanxess has announced it will invest €200 million of the €1.2 billion proceeds from Saudi Aramco’s takeover of part of its synthetic rubber...

News

SABIC, Aramco Mull Refinery JV in Yanbu

13.04.2016 - Saudi Arabian oil and petchems majors Aramco and SABIC are studying the feasibility of joint refinery and integrated downstream petrochemicals production, the news agency Bloomberg...

News

Sabuco Butanol Unit Ready to Go at Jubail

04.04.2016 - Sadara Basic Services Company, the wholly owned site management subsidiary of Sadara Chemical Company, the joint venture between Saudi Aramco and Dow Chemical, has completed its...