Insights On Chemical And Energy Growth Markets

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Egypt to attract USD10 bn petroleum investment in FY2019/20

Insights

16-May-19 Egypt’s petroleum sector is set to attract USD10 bn of investment this financial year, adding to the USD30 bn invested since 2016, according to Mohamed Saad, head of the oil chamber at the Federation of Egyptian Industries. [image: Reuters / Amr Abdallah Dalsh]

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13-May-19 As part of a consortium with Chinese EPC contractor Sepco III, Spain’s Abengoa will start work on a 909,000 cubic metres per-day desalination plant in Taweelah in the UAE, to be completed by 2022. [image: Reuters / Earnie Grafton]

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30-Apr-19 Cambodia has announced it will begin to extract oil, representing a potential rich new source of energy and revenue. Extraction is expected to begin by the end of 2019 from the "Apsara" oil field in the Gulf of Thailand. [image: KrisEnergy / Facebook]

Insights

23-Apr-19 Sumitomo Chemicals and Dongwoo Fine-Chem have invested USD150 mn into a new project in China at the Changzhou National Hi-Tech District facility of Sumika Electronic Materials that will produce high-purity chemicals required in the semiconductor manufacturing process.

[image: ChemEurope]

Insights

25-Mar-19 Oman's Deepak Oman Industries Project has laid the foundation for its USD120 mn integrated chemical complex. The project will produce 225,000 tonnes of calcium chloride and sodium nitrate annually. FDI in the Salalah Free Zone has reached USD5.2 bn. [image: Trade Arabia]

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