As part of a restructuring during a recession in the industry, Saudi Arabia’s SABIC has agreed to sell its European petrochemical business and its Engineering Thermoplastics business in Europe and the Americas for a combined enterprise value of $950 MM. In early trading in Riyadh on Thursday, shares of the chemicals company plummeted as much […]
Bharat Petroleum Corporation Limited (BPCL) has awarded Larsen & Toubro’s (L&T) Hydrocarbon Onshore division a significant engineering, procurement, construction, and commissioning (EPCC) contract for a massive petrochemical project in Bina, Madhya Pradesh. A Linear Low-Density Polyethylene and High-Density Polyethylene (LLDPE/HDPE) swing unit with two production trains, each with a capacity of 575 KTPA, is part […]
Dangote Group is pleased to announce that it has formed a strategic relationship with Honeywell International Inc to assist the next phase of expansion at the Dangote Petroleum Refinery. This agreement will deliver sophisticated technology and services that will allow the refinery to raise its processing capacity to 1.4 million barrels per day by 2028, […]
Nuberg EPC of India, a global leader in engineering, procurement, and construction (EPC) services for the chemical process industry, has been awarded a contract to execute a Chlor-Alkali expansion project with a 120 tonne per day capacity and an 80 TPD Calcium Chloride Plant for Al Ghaith Chemical Industries in Sur Industrial City, Oman. The […]
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