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Saudi Arabia (724)


SAUDI ARABIA

GPCA: Diversification will create new opportunities in the Mideast
The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up from the current volume of 140 million m.t./year, according to the Gulf...

GPCA: Aramco CEO calls for switch to mixed-feed crackers as gas feedstocks run short
The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is: “What’s next for the chemical industry,” is taking place amid...

Sadara signs contracts with Marafiq utility company
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co. (Sadara), announced today that Sadara has entered into 30-year agreements with the Power and Water Utility Company for Jubail & Yanbu (Marafiq). Sadara, a joint venture between...

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

Israeli cabinet approves recommendations for higher taxes on companies exploiting natural resources
The Israeli cabinet has approved the country's Sheshinski Committee II's recommendations on fiscal and tax policies for Israel's natural resources, the country's ministry of finance says. The recommendations would mean a large tax increase on the profits of...

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