Petrochemicals
May 2015

Saudi Basic Industries Corp (Sabic) faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said after the company reported a plunge in first-quarter profit,  reports Reuters.






May 2015

A POLYBUTYLENE terephthalate (PBT) plant of a Sipchem affiliate has begun its initial start-up in Jubail Industrial City, Sipchem announced. The plant, first of its kind in the Middle East, is operated by the affiliate Sipchem Chemical Company.






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