SABIC increases stake in Ar-Razi to 75%, renews partnership with JSMC for 20 years
SABIC signed an agreement with Japan Saudi Arabia Methanol Company (JSMC), renewing the partnership in Saudi Methanol Company (Ar-Razi) for another 20 years.
Sipchem brings methanol plant back onstream after maintenance
Sipchem announced the safe completion of the scheduled periodic turnaround maintenance activities for the methanol plant of the International Methanol Company, an affiliate of Sipchem.
SABIC, Mitsubishi Gas Chemical in negotiations to extend Saudi methanol joint venture agreement
Japan Saudi Arabia Methanol Co (JSMC) and SABIC have been negotiating details of the Saudi Methanol Company (AR-RAZI) joint venture scheme, intending to extend the current agreement.
Iranian President Hassan Rouhani unveils three mega petrochemical projects in Asaluyeh
Iran has brought online 3.4 million metric tonnes per annum of new methanol, urea and ammonia capacity at a cost of $1.85bn.
Haldor Topsoe buys complete ownership of Ferrostaal Topsoe Projects
Haldor Topsoe announced that it has acquired full ownership of Ferrostaal Topsoe Projects, which will be rebranded as ‘Topsoe Project Development’ and the location will be in Essen, Germany.
SABIC opens first polyacetal plant in the Middle East, supports Saudi Vision 2030
Polyacetal is a semi-crystalline thermoplastic material that has the potential to replace metal in many applications due to its high strength, exceptional dimensional stability and ease of machining.