Posts Tagged ‘SABIC’

Sinopec & Sabic sign for $1.7 billion Tianjin Polycarbonate

Sinopec and Sabic have decided to extend their co-operation with this major Polycarbonate complex to be built in the Tianjin Binhai New Area, China In October 2009, Sinopec and Sabic had created a 50/50 shared joined venture, called Sinopec SABIC Tianjin Petrochemical Company (SSTPC), for a 1 million t/y Ethylene cracker which went […]

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SABIC builds its Market Leadership in Polyurethane

The Saudi Basic Industries Corporation (SABIC) and Mitsui Chemicals, Inc. (Mitusi) signed at SABIC’s headquarters in Riyadh, Saudi Arabia, on February 26, a license agreement in  Methylene Diisocyanate (MDI) and Tuluene Diisocyanate (TDI) technologies. In doing so, SABIC intends to cope with it’s strategic plan to extend its global Market Leadership in […]

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PCIC Europe

Definition: “PCIC Europe” stands for the Petroleum and Chemical Industry Committee in Europe. PCIC Europe was created in 2003 as the regional extension of PCIC North America, the Petroleum and Chemical Industry Committee of the IEEE in USA. Today is the premier European forum for the exchange of experience in the practical application of electricity and […]

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Green light to Kemya Al Jubail Petrochemical Expansion

The Al-Jubail Petrochemical Company (Kemya) is a joint venture between Sabic and ExxonMobil In November 2008, Sabic and ExxonMobil Chemical signed an agreement to undertake a feasibility study for establishing a new elastomers plant at Kemya. In May 2011, Sabic and ExxonMobil awarded FEED contracts for the process units of the project to Jacobs Engineering and […]

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Sabic & Sinopec work on $5.3 billion Methanol-To-Olefins project in T&T

Sabic and China Petrochemical and Chemical Corp. (Sinopec) have signed together a protocol of co-operation to open negotiations with Trinidad and Tobago to build Methanol-To-Olefins plant. The capacity is not yet defined, but the capital expenditure is estimated around $5.3 billion. For more information and data about oil and gas […]

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Good perspectives for the Saudi petrochemical companies

According to the last financial study released by Al-Rajhi Capital, the growth forecast of the Saudi Arabian petrochemical companies is healthy, despite lingering uncertainties in the global economies. Because of their diversified activities, companies like SABIC or TASNEE should not be impacted by the feedstock costs increase in 2013 as […]

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