SABIC signs MoU for a mega petrochemical project with Fujian provincial government in China
SABIC once again positioned itself at the centre of world stage, attended the prominent 2018 China Petroleum and Chemical International Conference (CPCIC) in Chengdu as an industry and regional leader.
Chinese retaliatory tariffs put 55,000 American jobs, $18bn in domestic activity at risk
Punitive measures imposed on China as a result of the US Section 301 investigation have incited retaliatory tariffs on $11bn in the US chemicals and plastics exports and put nearly 55,000 American jobs and $18bn in domestic activity at risk as a result of reduced demand for those products, according to new economic report published by the American Chemistry Council (ACC).
INEOS Styrolution acquires Total’s polystyrene business in China
Total has accepted an offer from INEOS Styrolution, a global styrenics supplier, to acquire its polystyrene business in China.
Mega crude-to-chemicals projects in China likely to deal knockout blow to regional paraxylene exporters
Higher base chemicals demand and feedstock security for heavy naphtha are driving the development of a new wave of mega-integrated refinery and chemical sites in China.
Air Products, Shell form alliance to boost residue gasification for refineries
Through the new strategic alliance between Air Products and Shell in liquids (residue) gasification, Air Products will offer complete sale-of-gas residue gasification facilities to the refining industry.
ADNOC Logistics and Services, Borouge sign deal to handle Ruwais container terminal operations
Under the terms of the contract, ADNOC Logistics and Services will carry out all handling operations of Borouge's packed and palletised products and bulk loaded containers.