BANGKOK, Thailand — Saudi Arabia is preparing to import petro chemicals from the United Arab Emirates to help revive its petro industry, with the Gulf nation the biggest buyer of raw materials.Petrochemistry, the chemical sector that is the heart of Saudi Arabia and the Middle East, has long been a key driver of the kingdom’s economic growth, and the United […]
Petrochemical Trends and Cracker Petrochemics are on a roll as of the start of the new year, with petro-chemicals surging to a record high.Petro-chemical manufacturers Petrologix and Petrochemicals have risen from 2,000 tonnes to 7,000 tons of products in just three months.The growth of the petro chemical sector has been driven by a number of factors, including increased demand from […]
As the world’s most advanced chemical industry, the petro chemical industry has become the center of a fierce debate over whether it should be regulated as a public or private enterprise.But what does it take to get your foot in the door? As the global petro chemistry market grows, questions about its viability have become increasingly important to the global economy, […]
On Sunday, the Italian football league announced the signing of the ‘Gujarat Petrochem International’ (GPII) team in an effort to become the ‘first Italian team to compete in the World Cup’.The announcement was made by the Italian Football Federation (FIGC), which is led by its vice president Giovanni Calabria.The new team will be based in Gujarat and will play in […]
The Philippines, the world’s top exporter of petrochemisticals, has signed an agreement with China to expand its petro chemicals exports.The pact comes after the Philippines signed a similar deal with Russia last year.The Philippines is the world leader in petro chemical exports, which include biofuels, fertilizers, chemicals and plastics.The pact with China will help the Philippines meet the growing demand […]
Essar is an industrial gasification company.It is a member of the Petrochemical Industry Council.Essar has a significant presence in the oil and gas sector.The company’s stock is up a bit on Friday but not by enough to offset the losses from its stock market listing.The share price is down almost $5 since Wednesday.This is the third time this year that […]
The U.S. and other industrialized nations are pumping more crude oil into the global market as oil prices fall.But the U.K. and the European Union are also looking for the oil they used to get back in the ground.Petrochemical giants Altran and Petroclimat, both based in the United Kingdom, are among those hoping to cash in on the fall in […]
China’s PetroChemicals has agreed to acquire SadaraPetrochemical Company in a deal valued at $3.3 billion, according to people familiar with the matter.SadaraPetrol has developed a new petrochemically-based product line that includes an ethanol and petrol-based oil.The deal includes the acquisition of Sadarapetrochemical as well as the development of a new ethanol-based petrol-derived product line, these people said.PetroChem’s new petrol-based line […]
Saudi Arabia has officially blamed its own chemical pollution for a deadly air pollution disaster that killed 100 people and injured nearly 200, officials said on Sunday.The World Health Organisation (WHO) said the deadly dust had been “very heavy” over the kingdom and that it had killed more than 100 people since Thursday, with hundreds more still missing.Saudi Arabia’s state-owned […]
NFL players earn an average of $1.6 million annually on average, according to a report published Tuesday.A source told ESPN NFL Insider Adam Schefter that it was $2 million per year.NFL players earn a minimum of $3.1 million per season, and the average NFL salary for the 2020 season is $3 million, according the report.The median NFL salary in 2020 […]