Global acrylonitrile-butadiene-styrene capacity is poised to register a total growth of 19% from 11.36 million tpy in 2019 to 13.49 million tpy in 2024, according to GlobalData.
Penspen has been awarded a detailed engineering contract from Target Engineering Construction Company in Abu Dhabi, UAE.
DESFA has undertaken the provision of operation and maintenance (O&M) services of the KIPIC LNG terminal in Kuwait.
TechnipFMC has an EPC contract with Assiut National Oil Processing Co. (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.
The joint venture will design, build and operate a polyacrylic acid and emulsion polymers plant in Saudi Arabia.
Canada Business Holdings secured licence to produce refined products in the Special Economic Zone in Duqm in Oman on 30 June 2020.
In the past two years, ADNOC has enhanced its strategic energy links with India – a key growth market for crude, refined and petrochemical products.
The company has announced the beginning of preconstruction work for its phase III oil storage terminals and refinery.
SABIC has said the two companies are now considering the integration of Saudi Aramco’s existing refineries in Yanbu with a mixed feed steam cracker and downstream olefin derivative units.