Saudi Arabia
When the Saudi Authorities allocated to the Saudi Binladin Group (SBG) and Malaysia’s MMC Corporation the mission to design and develop the $27 billion Jizan Economic City (JEC), Saudi Arabia This refinery was supposed to be the first building block to create wealth and employment in the South region of the Kingdom. In addition the Saudi Authorities expectation […]
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 polyurethane and serve its customers […]
The Linde Group (Linde) and Sadara Chemical Company (Sadara), the joined venture between Saudi Aramco and Dow Chemical, signed a long-term contract for the gas supply of Sadara Complex in construction in Al Jubail, Saudi Arabia. Linde will spend $380 million in capital expenditure. Sadara will be the world’s largest chemical complex ever built in a single phase. […]
IECEx addresses safety issues in the Ex field. The IECEx, the IEC System for Certification for Standards relating to Equipment for Use in Explosive Atmospheres, and ESMA (Emirates Standardization and Metrology Authority), in conjunction with UNECE (United Nations Economic Commission for Europe), have organized the 2012 IECEx International Conference in Dubai, United Arab Emirates, on last 20-21 March 2012. The conference […]
Siemens has signed with the local Saudi Industrial Property Authority for the construction of manufacturing and servicing facility in Dammam for gas turbines, compressors, and steam recovery generators. The facility will be a center of technological excellence and a job engine for the local market. Siemens has been active in Saudi Arabia for over 75 […]
Fluor Corp. (Fluor)announced to have signed a Strategic Global Engineering, Procurement, Construction (EPC) and Construction Management Agreement with The Dow Chemical Company (Dow). This three-year agreement has a two-year extension option for up to five years and Dow’s global capital projects program across all Dow products. This contract includes all the potential new projects across […]
On February 27th the gas price in North America reached a new low at $2.57 per million btu with all chances to stay below $3 for a while. In dividing the gas price by four since its peak at $13.5 per million btu in July 2008, the massive development of the shale gas is not […]
