Industry news

GPCA holds R&I Committee meeting in Bahrain GPIC 04 JUN 2018 The Gulf Petrochemicals and Chemicals Association (GPCA) organized a Research and Innovation Committee meeting hosted by GPIC in its headquarters in Bahrain. GPCA Secretary General Dr. Abdulwahab Al Saadoun was present. Chairman of the GPCA’s Scientific Research and Innovation Committee Dr. Mu’ayyad bin Issa…

Industry news

ADNOC to Sign Deal with Aramco for Stake in Indian Refinery Asharq Al-Awsat 23 JUN 2018 Abu Dhabi National Oil Co (ADNOC) will sign an agreement with Saudi Aramco and Indian companies on Monday for an up to 25 percent stake in a planned $44 billion refinery and petrochemical project in India, an Indian government…

Industry news

Oman set to ban all plastic bags: Ministry Times of Oman 04 JUN 2018 Oman will soon ban plastic bags from all supermarkets, according to the Ministry of Environment and Climate Affairs. “After studying the market and the types of bags, the decision will see the light of day soon after the final approval from…

Industry news

Pact signed for $1.5bn chemical project in Oman Oman Daily Observer 09 JUN 2018 Leading Canadian-based international engineering giant SNC-Lavalin has announced that it has signed an exclusive agreement with Project Development & Management International LLC (PDMI) in Oman, to design and deliver a greenfield chlor-alkali PVC plant 150km southeast of the Omani capital, Muscat.…

Industry news

Braskem confirms potential acquisition is under consideration in joint statement. Plastic Technology 18 JUN 2018 Industry rumors that polyolefin player Houston-based LyondellBasell, Inc. (LBI) was considering the acquisition of polyolefin player Braskem, Philadelphia, Penn., were confirmed via a mid-June joint announcement. Brazil’s Braskem informed its shareholders and the market that its controlling shareholder Odebrecht S.A.,…