Dow and Aramco declare official formation of Sadara

SadaraThe Dow Chemical Company (Dow) and Saudi Arabian Oil Company (Saudi Aramco) announced the official formation of Sadara Chemical Company (Sadara), a joint venture between the two companies.

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Sustainability a key drive for Sabic : Mr Mosaed Al-Ohali


Mr Mosaed Al-Ohali, Executive Vice President, Manufacturing, Sabic spoke to Oil Review about Sabic's sustainability drive and ambition to become innovation leaders.

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Baker Huges, Foster Wheeler release Q3 results


Baker Huges and Foster Wheeler reported their third quarter earnings that saw Baker Huges post record profits but Foster Wheeler saw its profits fall.

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SABIC launches venture capital arm


The Saudi Basic Industries (SABIC) has launched a new global corporate venture capital arm, SABIC Ventures, in the Netherlands, with the primary goal of seeking out innovative technologies and businesses.

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Borouge III to be ready by 2013


Borouge, the polymer producer, has stated that its third phase plant will be completed on schedule by the end of 2013 and the plant will be fully operational by mid-2014.

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