Sunday, January, 20, 2019 11:25:44

Category: Chemicals

Saudi Aramco buys Lanxess’ stake in joint specialty chemicals venture

World’s leading integrated energy and chemicals company, Saudi Aramco, and Lanxess AG, a German specialty chemicals firm have recently announced that the companies have completed the Saudi state owned energy firm’s acquisition of Lanxess’ interest in specialty chemicals firm Arlanxeo Holding B.V. Evidently, Arlanxeo is …

Maersk to build India’s first green warehouse to store chemicals

APM Terminals Inland Services, a unit of Maersk Group, has reportedly made plans to build India’s first eco-friendly ICD or inland container depot for managing chemicals in Pune. The Ministry of Environment, Forest, and Climate Change has provided the Maersk Group company a comprehensive sanction …

APICORP announces $100 million investment in Oman’s Duqm Refinery

The investment will focus on enhancing Oman’s export and regional development. The Arab Petroleum Investments Corporation (APICORP), a multifaceted development bank, has recently announced a $100 million investment to finance the construction of Oman’s Duqm Refinery. Sources close to the matter state that APICORP will …

Saudi Aramco’s Motiva to invest $6.6 billion in Port Arthur expansion

The investment will increase the refinery’s output yield and generate around 4,300 construction jobs Motiva Enterprises LLC, a subsidiary of Saudi Arabia’s state-owned oil company Saudi Aramco, has recently announced plans to invest around $6.6 billion in its Port Arthur refinery, to enhance its petrochemical …

Clariant forms joint venture with Saudi Kayan to evaluate alkoxylates

Clariant and Saudi Kayan have agreed to consider the prospect of forming a joint venture with an objective to establish a manufacturing facility for alkoxylates. The new facility will combine Clariant’s alkoxylates production technology with raw materials of Saudi Kayan. The Swiss specialty chemicals company …