Fertilizer industry key to addressing global food security, say experts at 9th GPCA Fertilizer Convention

Convention is held between 18-20 September at Kempinski Hotel, Muscat, Oman Muscat, Oman, September 19, 2018 – The fertilizer industry has a crucial role to play in addressing global food security challenges, as the world’s population continues to expand rapidly, driving demand for nutrition and resource availability, said speakers during the 9th GPCA Fertilizer Convention…

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ADNOC commissioning new unit to extract maximum value from heavy oils and slurry ZAWYA 02 Sep 2018 Increasing the flexibility of ADNOC’s refining assets to stretch the value of every barrel of oil Highly specialized and valuable grades of carbon black and calcined coke will be marketed by ADNOC to customers in the UAE and…

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Aramco-Sabic deal to spur consolidation in regional petchems The National 28 Aug 2018 The proposed stake sale of Sabic, the region’s biggest chemicals manufacturer, to the world’s top oil producing company Saudi Aramco is expected to set into motion more consolidation in the regional industry, analysts said. “If Aramco acquires a substantial stake in Sabic,…

GPCA to host workshop on digitization

As digitization remains an important trend shaping the chemical industry in the GCC and globally, GPCA – in collaboration with McKinsey – is hosting a workshop on 17th October 2018 in the InterContinental Hotel, Jubail, Saudi Arabia to assess the “Digital Readiness of GPCA member companies”. The workshop will discuss topics like digital strategy, culture…

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Mega crude-to-chemicals projects in China likely to deal knockout blow to regional paraxylene exporters Refiningcand Petrochemicals ME 24 Aug 2018 Private Chinese chemical producers, including Hengli and Rong Sheng, are back-integrating their chemical plants with refineries by building mega-integrated facilities. Wood Mackenzie expects these projects to come on stream in the next 12 to 24…

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EQUATE reports highest Q2 earnings in its history Arab Time 23 Jul 2018 KUWAIT CITY, Aug 5: EQUATE Group, a global producer of petrochemicals, reported its highest second quarter earnings in its history. Net income for the EQUATE Group for 2Q, 2018 was $427 million, up 75 per cent compared to the same period in…

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Saudi Aramco forms US$8bn JV at Jazan Economic City Oil Review MW 23 Jul 2018 Saudi Aramco, Air Products and ACWA Power have signed a term sheet to form a gasification and power joint venture (JV) at Jazan Economic City (JEC) in Saudi Arabia SA aramco Saudi Aramco, Air Products and ACWA Power have signed…

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ADNOC in advanced talks to sell refinery stakes Oil Revie ME 27 Aug 2018 State-run oil and gas company Abu Dhabi National Oil Company (ADNOC) is in advanced talks with international players to sell out stakes in a number of ADNOC refineries ADNOC high talk Sources aware of this matter told Reuters that ADNOC is…