Polyethylene News

Technip Awarded Contract For a Polyethylene Plant in China
China >> 7/9/2007 - Technip, in association with INEOS as the licensor, has been awarded a contract by Liaoning Huajin Chemicals for a high density polyethylene plant to be built in Panjin (China).The contract covers th...
SABIC and ExxonMobil reach a full settlement of Their disputes
Saudi Arabia >> 9/29/2006 - The Saudi Basic Industries Corporation (SABIC) announces that it has reached a full and final settlement of its disputes with ExxonMobil arising from technology and patent that can be used in the prod...
IBN ZAHR Awards Contract for 500,000 TPA Polypropylene Project
Saudi Arabia >> 6/27/2006 - Saudi European Petrochemical Company (IBN ZAHR) has awarded Samsung Engineering Company Ltd., South Korea, a contract for the construction of 500,000 tons per annum Polypropylene Plant. The plant will...
Polyethylene Unit of 9th Olefin Project 92% Complete
Iran >> 4/6/2006 - Heavy polyethylene unit of the 9th Olefin Project with 92% physical progress has reached pre-commissioning stage, installation manager of Technip-Nargan Project Ali Asghar Loh told the Persian service...
ExxonMobil Announces LDPE Licensing Agreement in Thailand
Thailand >> 2/16/2006 - ExxonMobil Chemical Technology Licensing LLC has signed a licensing agreement with Thailand's PTT Chemical Public Company Limited, (PTTChem), for production of low-density polyethylene (LDPE) and ethy...
SABIC Signs a LoI With Shaw Stone & Webster
Saudi Arabia >> 2/8/2006 - Saudi Basic Industries Corporation (SABIC) signed a Letter of Intent (LOI) with the US Shaw Stone & Webster for the engineering, procurement and construction of a High Density Polyethylene (HDPE) plan...
Syria and Russia to Build a USD 2,7 Oil Complex in Deir el-Zour Province
Syria >> 12/28/2005 - Minister of Petroleum and Mineral Resources Dr. Ibrahim Haddad and Director General of the Russian Company for Investment Credit Line Pyrev Nizami signed a Memo of Understanding to build an USD 2,7 bi...
Lorestan petrochemical plant to start production in 3 years
Iran >> 11/13/2005 - Lorestan Petrochemical Complex, western Iran, is expected to start production within the next three years, Kamel Abedinzadeh, the managing director of the complex said.

He explained that Ba...
IPIC acquires majority stake in Borealis
United Arab Emirates >> 6/30/2005 - International Petroleum Investment Company (IPIC) of Abu Dhabi has agreed to acquire an additional 40% stake in Borealis from Statoil, the Norwegian oil company. The deal is valued around 800 million ...
SABIC announces the beginning of the process for creating YANSAB as a Joint-Stock Company
Saudi Arabia >> 6/5/2005 - Saudi Basic Industries Corporation (SABIC) has announced that it is in the process of establishing a Joint-Stock Company named: The National Petrochemicals Company (YANSAB) with a fully paid-up capita...
Crown Prince inaugurates and lays the foundation stones of a number of SABIC projects.
Saudi Arabia >> 12/25/2004 - On Saturday December 25, 2004, Crown Prince Abdullah laid the foundation stone of Jubail Industrial City -II. Also, Prince Abdullah inaugurated and laid the foundation of several mega projects of the ...
OOC signed partnership agreements for polyethylene complex
Oman >> 10/10/2004 - MUSCAT — The Sultanate’s government and Oman Oil Company (OOC) yesterday signed two partnership and shareholders agreements with the International Dow Chemical Company for the construction of a polyet...
Saudi Aramco, Partners Sign Fujian Accords
Saudi Arabia >> 8/26/2004 - BEIJING, August 26, 2004 -- Fujian Petrochemical Company Limited (a company owned 50 percent by China Petroleum & Chemical Corporation (Sinopec) and 50 percent by Fujian Government) (FPCL), ExxonMob...
OOC and The Dow Chemical Company Forming a JV to Build and Operate a Petrochemical Complex in Oman
Oman >> 7/20/2004 - MUSCAT, OMAN and MIDLAND, MICHIGAN, USA (July 20, 2004) – The Government of the Sultanate of Oman, Oman Oil Company S.A.O.C. (OOC) and The Dow Chemical Company (DOW) announced today an agreement to fo...
Technip Wins Contract for a Polypropylene Plant in SA
South Africa >> 7/20/2004 - Technip has been awarded by Sasol a contract worth € 47 million for a large capacity polypropylene(1) plant to be built at Secunda, 150 km south east of Johannesburg, Republic of South Africa. The pla...
Gulf Investment Corporation Acquires a 20% Share of Oman Polypropylene Company
Oman >> 6/28/2004 - Muscat, 28th June 2004 - Oman Oil Company S.A.O.C. (OOC) announced today an in principle agreement for the sale of a 20% interest in Oman Polypropylene LLC (OPP) to Gulf Investment Corporation (GIC). ...
Oman Oil Company: $312m Boost for Industry
Oman >> 5/31/2004 - MUSCAT — A $312 million agreement to finance construction of Oman Polypropylene plant was signed at a ceremony held here yesterday under the patronage of Ahmed bin Abdulnabi Macki, minister of nationa...
Macki opens $1.2b Sohar projects
Oman >> 4/11/2004 - USCAT — Ahmed bin Abdulnabi Macki, minister of national economy and deputy chairman of the Financial Affairs and Energy Resources Council, laid the foundation stone of Sohar Refinery and Oman Polyprop...
Ahvaz 7th Olefin Project Progressed 80%
Iran >> 1/15/2004 - TEHRAN – The overall physical progress of the seventh olefin project in Ahvaz region has reached 80 percent.Implementation of the project, which is being carried out by Maroun Petrochemical Company st...
SABIC announces 3.15 million mt/y plant increases in Yanbu
Saudi Arabia >> 12/22/2003 - Riyadh, Saudi Arabia (December 22, 2003): Saudi Basic Industries Corporation (SABIC), has announced the construction of a new plant complex to be located at the Yanbu industrial site, on the Red Sea c...

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