Middle East & Africa

BARCELONA (ICIS)–A newly formed free-trade bloc, containing almost one-third of the global economy, will push developing economies together at the expense of the US and its allies. The Regional…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Saudi Aramco is planning to issue international bonds after its earnings were hit by low oil demand amid the coronavirus pandemic. The bonds will have maturities of three, five,…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Belgian technology group Qpinch has won the ICIS Innovation Awards 2020 for its breakthrough chemical heat pump that transforms waste energy into process heat, lowering energy…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Crude prices fell on Friday, along with shares of major petrochemical firms in Asia, on demand concerns following continued spikes in coronavirus cases in the US and Europe. At…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The decline in global crude demand this year is likely to be deeper than previously forecast on weaker demand from OECD countries as surging coronavirus caseloads and fresh lockdown…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–US President-elect Joe Biden’s 2050 vision of zero emissions from the world’s biggest economy is expected to have a profound impact on the petrochemical industry. His…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Asia phenol and acetone participants have been rattled by reduced supply, with South Korea’s Yeosu-based LG Chem’s production heard to have been cut to 60% following last…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The crude oil market is set to continue suffering the hit from a depressed aviation sector as well as fewer vehicle journeys in major economies as new lockdowns are rolled out to…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Unlike previous economic crisis, the pandemic-induced recession could help sustainable trends to develop quicker than expected as public opinions gain consciousness of the burden…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

HOUSTON (ICIS)–Dow’s development of a new family post-consumer recycled (PCR) resins is one of the first of its kind, tackling the hard to recycle film market on a global scale. Dow announced the…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east