Business model
Total and Petronas to race in offshore Rovuma basin The French international oil company, Total and the Malaysian national oil company Petroliam Nasional Berhad (Petronas) signed a Farm-in agreement on the Area 3 and Area 6 of the Rovuma basin in the Strait of Mozambique. According to this agreement, Total will take 40% of the interests […]
Passionately innovate is more than a mission statement The Dow Chemical Company (Dow) is based in Midland, Michigan, USA, listed in Amsterdam, Brussels, London, New York (DOW), Paris, Switzerland and Tokyo. With approximately 52,000 employees in the world, Dow is pioneering the creation and development of innovative technologies and solutions for the chemical and specialty materials […]
SAAC leads partners to award $500 million NBA EPC Saudi Acrylic Acid Co (SAAC) and its partners, Saudi Kayan Petrochemical (Saudi Kayan) and Sadara, are reaching the last stage of the bids clarifications submitted by the engineering companies for the n-butanol (NBA) project planned in Al Jubail Industrial City. This n-Butanol plant is a greenfield project where many parties are involved […]
Abu Dhabi converts Fujairah into oil and gas hub The Abu Dhabi investment funds International Petroleum Investment Company (IPIC) and Mubadala Development Company (Mubadala) are leading more than $10 billion capital expenditure into midstream and downstream projects in Fujairah. With direct access to the Gulf of Oman, Fujairah occupies a strategic position for Abu Dhabi […]
A major integrated energy company Registered in Roma, Italia, Eni S.p.A. (Eni) is a national oil company with 33% shares owned by the Italian Government and 67% listed in the Milan Stock Exchange, Italy and on the New York Stock Exchange. With operations in 85 countries and 79,000 employees, Eni is developing an extensive integrated business model […]
After Occidental, Mexichem signed with Pemex In August 2012, Mexichem SAB (Mexichem) signed a Memorandum of Understanding (MOU) with Occidental Petroleum Corp. (Oxy) through its chemical branch Oxychem to build a new ethylene cracker for the supply of vinyl chloride monomer (VCM). Vinyl Chloride Monomer is the primary feedstock for the production of the numerous […]
Jiutai selects KBR for Ordos MTO recovery project Jiutai Energy Group (Jiutai) selected KBR‘s technology for a methanol-to-olefins (MTO) recovery project in Ordos, in Inner Mongolia Province, China. State owned company based in Luozhuang Industry Park of Linyi High-Tech Industry Development Zone in southern Shandong Province, eastern China, Jiutai was established in 2002 to lead […]
Develop ideas to market readiness as quick as possible Evonik Industries (Evonik) was established under this brand in 2007 in Essen, Germany, after the consolidation of multiple companies having their respective chemical specialties under the lead of RAG-Beteiligungs-AG. Evonik is owned by the German RAG-Stiftung for 74.99%percent and the funds company CVC Capital Partners for […]
