Insights On Chemical And Energy Growth Markets

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Cambodia dreams of an oil gushing bonanza

Insights

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]

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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]

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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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14-Mar-19 Rising Russian and US competition has pushed Saudi Aramco to find new buyers for its oil in China, encouraging a shift towards independent refiners and newcomers to the business, after years of dealing only with state-owned Chinese energy firms. [image: Reuters / Ahmed Jadallah]

Insights

06-Mar-19 Singapore's Fortrec has completed the acquisition of and re-started its refurbished aromatic solvents refinery in Ulsan, Korea. The facility, with a 60,000 tonnes per year capacity, is the culmination of a nine-month acquisition by Fortrec. [image: Exsoft]

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