Middle East & Africa

SINGAPORE (ICIS)–Saudi Aramco and SABIC are now looking at integrating existing refineries in Yanbu, Saudi Arabia with a world-scale mixed feed steam cracker and downstream olefin derivative units,…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

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SINGAPORE (ICIS)–Asia’s isomer-grade mixed xylenes (MX) market has seen oversupply and limited demand from downstream sectors, but recent post-holiday demand from China has lifted some market…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–China’s strong recovery continues to be the main light in an otherwise depressed crude market where prices, albeit at stable levels since June, may not reach $50/bbl until at least…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The pandemic has hastened the International Energy Agency’s (IEA) outlook for the demise of crude oil as a motor fuel although it forecasts reasonable demand growth from the…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

BARCELONA (ICIS)–The pandemic has boosted numbers of refinery-linked renewables projects whilst causing delays and cancellations to traditional petrochemicals projects, according to an ICIS…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–ICIS petrochemical indexes rose again in September as prices captured in the indexes generally improved. The global index was up 8% from August. Markets are stronger with supply…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

SINGAPORE (ICIS)–Iran’s economy is being battered by heightened US sanctions that constrain oil production and exports, and rising levels of coronavirus infections in the country, with GDP…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–The Gulf Petrochemicals and Chemicals Association (GPCA) annual forum in Dubai has been postponed from December and will now take place in February next year, the industry group said…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east

LONDON (ICIS)–Click here to see the latest blog post on Asian Chemical Connections. The reaction of financial markets and economists to US President Donald Trump’s decision to pull the plug on…   Source: https://www.icis.com/rss/publicrss/?free=true&region=middle%20east