Competition Commission of India (CCI) has approved acquisition of 70% stake in Sabic by Saudi Aramco from the Public Investment Fund (PIF) of Saudi Arabia. In March this year, Aramco signed the deal to buy 70 percent in Sabic for the equivalent of US$69.1 billion in Saudi riyals at the time.
In India, Saudi Aramco is mainly active in the supply of crude oil, liquefied petroleum gas (LPG), base oil, and petrochemical products, while SABIC is mainly active in the supply of agri-nutrient and petrochemical products.
W.R. Grace & Co. licenses UNIPOL PP Process technology to Bharat Petroleum Crop Ltd.
Formosa Petrochem purchases naphtha at more than 1-year high premium
Hungarian energy company MOL’s polyol plant to be operational by mid-2021
Motiva Enterprises to build polyethylene units and a multi-unit aromatics complex
Haldia Petrochem declares force majeure on all cracker products
JV to produce biobased acrylic acid to make SAPs used in a range of hygiene products
LyondellBasell starts up fifth production line at polypropylene compounding plant in Germany.
LyondellBasell inks deal for construction of Enterprise’s second propane dehydrogenation plant
Planned turnarounds nearing an end in the Asia-Pacific region
An elastic, self-sterilizing polymer able to kill a wide variety of superbugs
Cold Curing BASF Elastopan Polyurethane Reduces Green House Gas
University of Konstanz Develops a More Sustainable Recycling Method for Polyethylene-Like Plastics
Guidelines on Penalty for Violation of Plastic Waste Management Rules, 2016