SABIC
SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and Vopak should be established under […]
Chemistry that matters Based in Ryadh, Saudi Arabia, SABIC stands for the Saudi Basic Industries Corporation, one of the largest petrochemical companies in the world with 40,000 employees running operations in 40 countries. SABIC was established in 1976 by Royal Decree to develop the downstream industries in Saudi Arabia while Saudi Aramco was focusing on the […]
$50 billion of business opportunities in 250 projects On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in pursuit in the oil and gas and petrochemical industry. These business opportunities are related for: – $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, lighting, power systems, etc…) – […]
To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state wholly owned company with Headquartered in Beijing, China and a registered capital of RMB 182 billion ($30 billion). As a state-owned company, Sinopec Group […]
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 […]
Saudi Aramco to upgrade Yanbu Lube Oil Refinery Saudi Aramco and Jadwa Investment have received the tenders from four engineering companies bidding on the expansion of Luberef Yanbu Lube Oil Refinery Expansion. The Saudi Aramco Lubricating Oil Refining Company (Luberef) is operating the lube oil refineries of Yanbu and Jeddah under the name of Saudi Aramco […]
Ibn Sina to move ahead in high performance chemicals Saudi Basic Industries Corp (Sabic) and its partners in Ibn Sina joint venture, Celanese Corp (Celanese) and Duke Energy Corp., have decided to reactivated the Polyacetal (POM) project in Al Jubail Industrial City, Saudi Arabia. Ibn Sina is the common name of the joint venture called […]
PCIC Middle East Conference to take place with ADIPEC on Nov 12th & 13th 2012 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) organizes its 15th edition on November 11th to 14th 2012 at the Abu Dhabi National Exhibition Centre (ADNEC) in UAE. With more than 1,500 exhibitions and 45,000 attendees, ADIPEC is the largest exhibition in […]
