SINGAPORE (ICIS)–Saudi Arabia’s GDP fell by 3% year on year in the first quarter, weighed by the contraction in the oil sector, official data showed on Monday. The first-quarter contraction follows… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Saudi Arabia's Q1 GDP falls by 3% on oil sector contraction Read More »
LONDON (ICIS)–International fertilizer markets are currently experiencing an unseasonal boost in prices and demand, with some prices hitting historical highs. The major question now for producers,… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
INSIGHT: Fertilizer markets boom on mixed fundamentals Read More »
LONDON (ICIS)–Global petrochemicals demand for crude oil will remain strong in 2021, but would slow down significantly in 2022, the International Energy Agency (IEA) said on Friday. Supply, in any… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Petchems demand for crude to slow in 2022, non-OPEC output up sharply – IEA Read More »
LONDON (ICIS)–The ICIS Petrochemical Index (IPEX) went up slightly in May, rising by 3.6% month on 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
May IPEX up by nearly 4% month on month on rising Europe and US prices Read More »
LONDON (ICIS)–The gap in investment in clean energy and emissions reductions between advanced and developing economies is widening, the International Energy Agency (IEA) said on Wednesday. Steps… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Growing disparity between developed, emerging country emissions reduction spending – IEA Read More »
BARCELONA (ICIS)–Governments and regulators need to act more quickly on climate change to give chemical companies certainty as they plan to invest in low carbon technologies. Industry needs… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
PODCAST: Chemicals need governments to take more action on climate Read More »
SINGAPORE (ICIS)–Indorama Ventures Ltd’s (IVL) subsidiary Avgol has appointed Tommi Bjornman as its new CEO effective from 1 June, the Thailand-listed producer said on Tuesday. Bjornman replaces… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
MOVES: Israel's Avgol appoints Tommi Bjornman as CEO Read More »
SINGAPORE (ICIS)–Saudi Aramco, the world’s biggest oil exporter, is floating US dollar-denominated bonds, with the size and tenors still to be determined by market conditions. The sukuk or… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Saudi Aramco starts offering US dollar-denominated sukuk bonds Read More »
SINGAPORE (ICIS)–A massive fire erupted at an oil refinery in Iran on Wednesday night, with no casualties, state news agency IRNA reported. The blaze occurred at a gas pipeline in the south of the… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
Massive fire erupts at Iran oil refinery – report Read More »
BARCELONA (ICIS)–Chemical company leaders must take account of demographic trends because they have a strong influence on chemical demand patterns. Demographics important as aging populations drag… Source: https://www.icis.com/rss/publicrss/?free=true®ion=middle%20east
PODCAST: Do not ignore demographics – they drive chemicals demand Read More »
