SAUDI ARAMCO

Energy giant cancels investment in Indian refinery / Disagreement on valuation / Reliance to focus on “green” energy

PETROCHEMICALS

Repsol, Versalis join “Cracker of the future” consortium / Focus on electric steam cracking / Technology partnership with Siemens, Technip

SABIC

“Noryl” polyols and “Superflow Ultem” resins for BiTS

MEG

EU decides on final punitive tariffs for US, Saudi imports

PLASTIC ENERGY

Strategic collaboration with Axens / Marketing of pyrolysis knowhow

CHEMICAL INDUSTRY

Major producers partner to cut GHG emissions / Centralised development starts in 2023

EXXONMOBIL

Final investment approved for Chinese complex / 1.6m t/y cracker to feed 3 PE, 2 PP lines / USD 15 bn to cut company emissions

POLYMER PRICES

North America October 2021: Polyolefin markets calmer / PVC unaffected by events in Europe / Engineering thermoplastics move sideways, but situation remains tense

SABIC

Idled UK cracker in Wilton to restart / GBP 850m capital injection from Aramco

DUPONT

Out with the Nylon: Chemical group divests entire materials division with PA, POM and PBT / Electronics further strengthened with the purchase of Rogers

SABIC

Launch of first certified renewable, bio-based “Ultem” grades

PETROCHEMICAL MARKETS

ABS: Ineos declares force majeure for US plant in Ohio

SABIC

New PP compounding line in Belgium boosts capacity more than 50%

SAUDI INDUSTRIAL INVESTMENT

Saudi petrochemical group acquires remaining shares in Petrochem / Third major transaction in two years

SABIC

PE and PP resins for pressure-pipe manufacturing / Development of BiAx Pipe technology

SABIC

Three “Trucircle” grades for automotive applications launched

SABIC / FUJIAN PETRO

Chinese-Arab joint venture for mega petrochemical complex in the southeast of People's Republic

PETROCHEMICAL MARKETS

Polyethylene: Sabic lifts force majeure / Allocations remain partially in place

SABIC

Strong rebound in Q2 / Good strides for sales, earnings / Improvement expected in 2021

CORRECTION - PETROCHEMICAL MARKETS

Polyethylene: Sabic Force Majeure continues after all / Plants in process of being restarted

SABIC

Circular PC added to “Trucircle” portfolio

PETROCHEMICAL MARKETS

Polyethylene: Naphtha pipeline at Chemelot repaired / Sabic gradually restarting facilities

PIE SPOT PRICE MONITOR

Upward trend since start of August / No imports from Middle East / Naphtha supply disrupted

PETROCHEMICAL MARKETS

Polyolefins: Limited production at Saudi site Al Jubail due to power failure

POLYMER PRICES

Standard thermoplastics trend August 2021: PE converters succeed in some caps on top prices / Shortages predominate for EVA, PVC, EPS / Situation fragile / Other than for EVA, stability should prevail