Borouge boosts the ‘Made in UAE’ initiative by supporting ArabPlast as strategic partner
Borouge will disclose its current and future expansion projects and re-emphasise its partnerships that contribute to supporting the local industry while participating as a strategic partner at ArabPlast 2019, the largest plastics, petrochemicals and rubber industry trade show in the MENA region being held in Dubai during 5-8 January 2019.
KIZAD launches Polymers Park at ArabPlast to capitalise on $500mn export market
KIZAD launched KIZAD Polymers Park, which will form an integral part of the polymer conversion ecosystem.
Sipchem starts commercial operation at its EVA film plant
Saudi International Petrochemical Company (Sipchem) announced that the ethylene vinyl acetate (EVA) film plant, owned by Saudi Specialized Products Company (SSPC), an affiliate of Sipchem, commenced commercial operations recently.
Around 1,158 announced petrochemical plants to come online in the next nine years
Around 1,158 planned and announced plants are slated to come online in the next nine years, primarily in Asia and the Middle East. Asia, the Middle East, and North America are the top regions contributing to capacity additions in the next nine years.
LANXESS completes sale of ARLANXEO to Saudi Aramco for $1.61bn
Specialty chemicals company LANXESS completed the sale of its remaining 50% interest in the rubber company ARLANXEO to Saudi Aramco.
SOCAR, BP to create new petrochemical joint venture in Turkey
BP and SOCAR Turkey announced that they have signed a heads of agreement (HoA) to evaluate the creation of a joint venture that would build and operate a world-scale petrochemicals complex in Turkey.