20638
Polyethylene Joint Venture
Energy

Polyethylene Joint Venture

Saudi Basic Industries Corp. said on Sunday it had completed the formation of a joint venture with Korean petrochemical manufacturer SK Global Chemical Co. to produce polyethylene products. Total investment will be about $640 million for the technology and plant construction, SABIC said in a statement. The financial impact cannot be assessed yet, it said, Trade Arabia reported.

 

Short URL : http://goo.gl/GQdwGZ

You can also read ...

Saudi Arabia supplied 4.29 million tons, or 1.01 million bpd, to China in January.
Russia remained the top crude oil supplier to China in January...
Substantial Change in Global Energy Trade, as Role of Electricity Rises
The new World Energy Outlook is the story of a series of...
Saudis See Oil Output Cuts Easing in 2019
OPEC and its allies, including Russia, may next year ease the...
Plans to Increase Sarkhoun Output
Close to 98.5 billion cubic meters of natural gas have been...
Plans are in place to cooperate with neighboring states, namely Turkey and Turkmenistan, that have more water resources so that Iran can increase its share from joint water basins.
Serious negotiations are underway with water-rich neighboring...
30% Domestic Share in  Unit International Deal
Domestic equipment manufacturers will have a 30% share in the...
Call for Greater Support for Renewables
Heightened concerns over the shortage of natural resources and...

Trending

Googleplus