SAUDI ARABIA Lummus Lands Propane Dehydro Contract in Saudi Arabia Ibn Rushd, a Sabic affiliate, has selected Lummus technology for a previously announced propane dehydrogenation plant at... Sabic Cracks the Top-10 Club Sabic beat out Bayer for the number 10 slot in this year’s Billion-Dollar Club, with 2007 revenues of SR126.2 billion ($33.6 billion). Sabic moved up one notch in the ranking due mostly to its $11.6-billion acquisition of GE Plastics last year. That... Total’s Claude: Improved Competitiveness Key in Challenging Markets The petrochemical industry is following a downward trend due to weaker-than-expected markets in 2008, marked by high feedstock costs, lagging polymer prices, excess capacity, and overall poor economic conditions, Bernard Claude, President and CEO of Total... Petro Rabigh Start Up Delayed to Early 2009; Costs Increase Unspecified technical hitches may delay until the first quarter of 2009 the start up of some units at Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical. The delays could add $300 million to the... Petro Rabigh Start Up Delayed to Early 2009, Costs Increase Some unspecified technical issues may lead to delay of start-up at some units at Petro Rabigh, the joint venture between Saudi Aramco and Sumitomo Chemical, to first-quarter of 2009, and add $300 million in costs to the massive $10-billion... More Stories »
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