Industry news

CSC, SABIC sign MoU to develop local content Arab News 28 Feb 2018 RIYADH: The Saudi Council of Chambers (CSC) and the Saudi Basic Industries Corporation (SABIC) signed a memorandum of understanding (MoU) in Riyadh on Wednesday to build a strategic partnership in local content development. The accord was signed on the sidelines of the…

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DowDuPont announces brand names for the three independent companies it intends to create, reflecting ongoing progress towards separations Zawya 27 Feb 2018 Agriculture Division to be Corteva Agriscience™, reflecting its purpose of enriching the lives of those who produce and consume Materials Science Division will be called Dow, and will retain the Dow diamond as…

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Kuwait’s EQUATE 2017 net income up 66% on stronger EG, PET ICIS 5 Feb 2018 LONDON (ICIS)–EQUATE Group’s net income for 2017 rose 66% year on year to $1.13bn on the back of a rebound in ethylene glycol (EG) prices and improved demand for polyethylene terephthalate (PET) in Europe, the Kuwait-based petrochemicals producer said on…

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Adnoc seeks closer ties with Japan amid downstream expansion The National 2 Feb 2018 Abu Dhabi National Oil Company (Adnoc) aims to deepen ties with Japanese petrochemicals firms as it looks to expand its downstream activities and make better use of advanced technology, it said on Friday. “As we increase our focus on the growing…

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Borouge joins hands to attract SMEs into petrochemicals and polymers industries Total UAE 14 Feb 2018 ABU DHABI, 14th February, 2018 (WAM) — Borouge, a leading petrochemical company that provides innovative, value creating plastics solutions, organised a workshop with Khalifa Fund, Abu Dhabi Department of Economic Development (ADDED), Abu Dhabi Ports and its subsidiary Khalifa…

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New plastic processing factory coming up in Bahrain’s Majaal Zawya 7 Feb 2018 Broadway installing facilities to turn factory processed plastic into granulated material for export to Far East MANAMA – Majaal, a leading developer and operator of industrial facilities for small and medium enterprises (SMEs) in Bahrain, has inked a partnership deal with Broadway…

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Sabic plans new production facility in Singapore for ULTEM resins Business Times 9 Feb 2018 DIVERSIFIED chemicals firm Sabic announced that it plans to expand its existing footprint in Singapore to increase capacity of ULTEM resins, a polyetherimide material, pending final government clearance. The planned new production facility in Singapore is expected to go online…

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Borouge receives the prestigious 5-star UAE Innovation Award Zawya 28 Feb 2018 Abu Dhabi, United Arab Emirates: Borouge is honoured and proud to receive the prestigious “5-star” UAE Innovation Award ceremony today, which attracted more than forty submissions from across sectors in the UAE. In its pioneer year, being picked by the esteemed selection committee…

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King receives youth empowerment award winners Manama, Feb. 25 (BNA): His Majesty King Hamad bin Isa Al-Khalifa today received, at Al-Sakhir Palace, HM the King’s Representative for Charity Works and Youth Affairs, Supreme Council for Youth and Sports (SCYS) Chairman and Bahrain Olympic Committee (BOC) President His Highness Shaikh Nasser bin Hamad Al-Khalifa, who introduced…