Petrochemicals & Plastics
January 2014

Saudi Arabia’s Sahara Petrochemical and Saudi International Petrochemical Company (Sipchem) hope to complete a share-swap merger in the first half of 2014 that would create a firm valued around $5 billion, reports Reuters.






January 2014

Sabic’s Plastics Application Development Centre (SPADC) has opened at the Riyadh Techno Valley, King Saud University.






January 2014

Mesaieed Petrochemical Holding Company, a unit of state-owned energy giant Qatar Petroleum, will conduct a QR3.2 billion ($880 million) initial public offering of its shares in the local market next month, officials said. It would be the first IPO since 2010 in Qatar’s stock market, after the global financial crisis froze issuance.






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