HOUSTON (ICIS)–The global base oils landscape is critically tight with demand outpacing available supply, and these conditions are expected to persist at least through the first half of 2021. The… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
SINGAPORE (ICIS)–Saudi Aramco’s net income fell by 44.4% year on year to Saudi riyal (SR) 183.8bn in 2020, reflecting the impact of lower crude oil prices and volumes sold, the energy major said on… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Saudi Aramco 2020 net income falls 44% on lower oil prices, chemical margins Read More »
COLUMBIA, Md., March 19, 2021 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE: GRA) today commented on the extreme winter weather that impacted Texas and Louisiana in mid-February. Winter Storm Uri was a major storm that caused widespread manufacturing disruption across the region because of freezing temperatures and loss of electricity, gas, water, and
Grace Comments on Effects of Gulf Coast Freeze and Updates First Quarter 2021 Guidance Read More »
LONDON (ICIS)–Saudi fertilizer giant SABIC Agri-Nutrients on Thursday named Fahad M Al Battar as its new president, effective 1 May 2021. The industry veteran, currently president of the kingdom’s… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
MOVES: SABIC Agri-Nutrients names new president Read More »
LONDON (ICIS)–As governments continue to count the cost of the pandemic, both in terms of the price of keeping economies afloat and the wreck lockdowns and have made of certain industries, many… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
INSIGHT: Global policy drives approaching biofuels tipping point Read More »
LONDON (ICIS)–The ICIS Petrochemical Index (IPEX) extended gains in February, rising 7.9% for the month, tracking price increases seen across most of the major petrochemical and plastics… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
February IPEX up 8%, mainly on rising prices in US and Asia Read More »
BARCELONA (ICIS)–Hydrogen could play a key role in lowering the chemical industry’s carbon footprint thanks to use of renewable energy and carbon storage. Hydrogen could become important for low… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
PODCAST: hydrogen could hold the key to low carbon chemicals Read More »
LONDON (ICIS)–Little wavering from OPEC and its partner nations on supply curbs is expected in the near future after the cartel and its partners agreed last week to largely hold curbs in place for… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
INSIGHT: OPEC keeps eyes on the price amid Texas storm impact, Saudi attack Read More »
LONDON (ICIS)– Saudi Arabia and Germany on Thursday inked a Memorandum of Understanding (MoU) to boost cooperation on the production and exploitation of hydrogen. The kingdom’s Minister of… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Saudi Arabia and Germany sign green hydrogen MoU Read More »
SINGAPORE (ICIS)–Sipchem’s net profit fell by 41.3% year on year to Saudi riyal (SR) 175.9m last year, partly weighed by lower selling prices for most of its products, the Saudi Arabia-based… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
S Arabia's Sipchem 2020 net profit falls on lower prices, PP output Read More »
