Technical Focus

SABIC is set to benefit from its expanding production base


SABIC, Saudi Basic Industries Corporation, is expected to benefit from its expanding production base, improving petrochemical and fertiliser prices and growing demand, according to a new report by the Saudi bank, NCB Capital (NCBC).

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Petrochem commercial operations to start in Q2 2012


NCB Capital (NCBC) released a new report on Petrochem and expects the company to continue to report losses until Q2 2012 when its petrochemical complex will start operations.

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Al Waha to start commercial operations in Q2 2011


The Saudi bank, NCB Capital (NCBC), has released a new report on Sahara Petrochemical Company. NCBC expects Sahara's Al Waha project to start commercial operations in Q2 2011 and argues that the start up will be a positive trigger for the company's stock.

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Ratings on Bahrain lowered on worsening political situation; watch negative remains


Standard & Poor's Ratings Services  has lowered its long- and short-term local and foreign currency sovereign credit ratings on the Kingdom of Bahrain to 'BBB/A-3' from 'A-/A-2'.

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'Revolutionary’ tank gauging system launched


Emerson Process Management announced the launch of the new Raptor tank gauging system.

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