Saudi Aramco and SABIC announce crude-to-chemicals complex at Yanbu
The integrated industrial complex is expected to begin operations in 2025.
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The Swedish Prosecution Authority initiated an investigation into the company’s alleged complicity in violations of humanitarian law during 1997 – 2003.
Sonatrach’s Algerian facility will produce 200 000 tpy of methyl tert-butyl ether.
The joint venture marks the first partnership between the companies.
Air separation units at the Tennessee facility will be owned and operated by Air Products.
The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.
The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC Company, Limited.
Air Liquide Engineering & Construction will provide an air separation unit to Shandong Runyin Bio-Chemical Industry Co. Ltd.
ABB has received an order from JG Summit Petrochemical to supply electrical and process power management systems for its petrochemical expansion project.
Bob Patel will lead the board of the organisation for a two-year term beginning on 1 January 2019.
