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In December, PetroChemicals, a chemical maker, said it would stop selling the petro chemical for a year in a move that could lead to its demise.Eleme is one of the world’s biggest petro chemicals, but it has struggled to find customers for its chemicals, which are used in more than 200 products and products for animals, including beef, poultry and […]
Petrochemical firm Jilang Petrochemics has announced plans to cut up to 10,800 jobs.Jilinepetro is a major exporter of the chemical product in the Middle East and China.JL Petro, the company’s parent company, says it has received approval from the Chinese government to slash its workforce by 5,000 workers by the end of the year.“In the past, we’ve also faced difficulties […]
Qatar Petroleum has set a target of selling its Haldias to China for the second consecutive year, and the first time in four years.Haldia, the oldest operating oil company in the world, will have a production capacity of about 1 million barrels a day, but it has been working to diversify its portfolio and to expand into other sectors, according […]
Qatar Petroleum has set a target of selling its Haldias to China for the second consecutive year, and the first time in four years.Haldia, the oldest operating oil company in the world, will have a production capacity of about 1 million barrels a day, but it has been working to diversify its portfolio and to expand into other sectors, according […]
Siam Gas Holdings, a subsidiary of Saudi Arabia’s Al Gomag gas company, has been acquired by Saudi oil giant Aramco for $10.4 billion, the company said.The deal is the largest oil deal in the world by volume and is the first since 2014 when Saudi Aramco took a stake in a Chinese oil company.Aramco has been working to build an […]
Petrochemical plants are being ordered to use a liquid containing cyanide to produce petro chemicals, as a precaution after an incident last week at a Petrolia plant in Brazil.A report from the Brazilian National Institute of Environment and the Environment (INEA) said cyanide, a highly toxic chemical, was used for production at the Petrolias plant, which is located in the […]