Browsing: petrochemicals

ADNOC recently advanced its chemicals growth strategy by agreeing to acquire a 35% stake in ExxonMobil’s planned low-carbon hydrogen and ammonia facility in Baytown, Texas, USA.

Discover the latest advancements in plastics, petrochemicals, printing, and packaging at the Saudi 4P Expo…

Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical firms, reported an 85 per cent rise in net profit for the second quarter, supported by better margins and accounting changes. For the three months ending June 30, SABIC posted a net profit of $581.04M (SAR 2.18B), surpassing analyst expectations of SAR 904.25M, according to LSEG data.

Abu Dhabi National Oil Company (ADNOC) has made a significant move into the United States…

Alpha Dhabi Holding has reported record revenue of AED14.2B ($3.87B) and net profit of AED4.6B ($1.25B) for the first quarter of 2024

Abu Dhabi’s Mubadala Investment Company is entering into an investment in Manipal Health Enterprises in India, as part of its ongoing expansion in Asia’s third-largest economy.

Abu Dhabi’s sovereign investor, Mubadala Investment Company, is concentrating on enhancing its investments in Asia.

The UAE has unveiled its Industrial Decarbonisation Roadmap during COP28, with a goal to collectively reduce industrial carbon emissions by 2.9 gigatonnes by 2050. The roadmap primarily targets challenging sectors such as cement, iron, steel, and aluminium, and was developed by the Ministry of Industry and Advanced Technology in collaboration with government and private sector partners.

Aramco and TotalEnergies have announced a collaborative agreement worth $11B to commence the construction of…

As an interim dividend for the first quarter of 2022, the ADNOC petrochemicals JV Borouge…