Saudi Basic Industries Corporation
Saudi Arabia Projects and Business Highlights 2014 On the last five years, the national oil company (NOC) Saudi Aramco invested mostly in the downstream sector including large grassroot refineries and the largest petrochemical complexes in the world. But on the second half of the year 2014 we could see Saudi Aramco turning back to upstream activities to explorer new resources […]
Sabic signed joint venture for Jubail Acrylonitrile Project After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East. In this purpose, Sabic, Mitsubishi and Asahi estblished […]
Sabic and MRC to build the world largest MMA plant The Saudi Basic Industries Corporation (Sabic) and the Mitsubishi Rayon Company (MRC) are preparing the call for tender for two chemical facilities to be added in Sabic al-Jubail existing chemical plant. In August 2009, Sabic and Mitsubishi Rayon had signed a letter of intend (LOI) to prepare […]
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 […]
Qatar Petroleum in JV with Exxon to export US LNG Qatar Petroleum (QP) and ExxonMobil announced to use their joint venture called Golden Pass Products to export liquefied natural gas (LNG) from USA. Created with 70% Qatar Petroleum working interests, the Golden Pass LNG project was constructed as a LNG import terminal. With this LNG import terminal, Qatar was securing […]
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 […]
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 […]
