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.
Sumitomo Chemical and Saudi Aramco have made a loan of US$2 billion to Petro Rabigh in response to the challenging market conditions.
Among the services available will be the repair and reconditioning of reciprocating compressor valves and packing cases.
Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Clariant has announced that its propane dehydrogenation catalyst has been selected by the Advanced Petrochemical Company.
McDermott has announced that it has been awarded a PDH technology contract for the Advanced Petrochemical Company.