Middle East & Africa

LONDON (ICIS)–The gathering pace of coronavirus vaccination programmes is likely to swell chemicals demand through the year, according to industry research, despite a bumpy start in many countries…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Crude futures prices dropped by over $2/bbl for key benchmarks in Tuesday trading as much of Europe approaches a third wave of the pandemic, leading to stricter lockdown measures in…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–Chemicals demand is being pushed in different directions as roll-outs of coronavirus vaccines help re-open some economies while continued supply chain disruption stifles end-use…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

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&region=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&region=middle%20east

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&region=middle%20east

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&region=middle%20east

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&region=middle%20east

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&region=middle%20east

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&region=middle%20east