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 […]
China has reportedly signed a $1.3 billion deal to build its first nuclear reactor, a deal that could potentially boost the country’s nuclear industry, Reuters reports.According to a report in Chinese media, the deal includes the purchase of 20 of China’s 20 existing reactors and the construction of a new unit at the Yongbyon nuclear power plant.Reuters reported that China […]
China has a petro chemicals industry, but it’s only one of several.Many other countries export petro products, including chemicals used in manufacturing, for use in fertilizers, fuel, plastics and even in the nation’s military, a vital export to its enemies in the Middle East.But the country’s petro industries are far more complicated than its chemical industry.Petrochemists in China have to […]