Petrochemicals
December 2021

The chemical and petrochemical industry in the Arabian Gulf is poised for growth in 2021-2022, as the regional and global economy is forecast to recover in the aftermath of the Covid-19 outbreak, the Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf, said.






December 2021

Electrification of transport, industry and residential heating will leave the petrochemicals sector as the main consumer of crude oil by 2050, capturing 55 per cent of demand for the fossil fuel, the International Energy Agency (IEA) said recently.






December 2021

Abu Dhabi National Oil Company (Adnoc) has signed a AED22-billion ($6.2 billion) strategic partnership with Austrian chemical giant Borealis to build the fourth Borouge facility – Borouge 4 – at the polyolefin manufacturing complex in Ruwais, UAE.






December 2021

Aveva, a global leader in industrial software, driving digital transformation and sustainability, has announced the successful deployment of Aveva Schedule AI Assistant at Hokkaido refinery, operated by Japanese energy company Idemitsu Kosan Co., Ltd.






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