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Insights
28-Jan-19 State-owned Saudi Aramco plans to invest up to USD1.6 bn for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian buyers of crude oil. [image: Reuters / Hamad I Mohammed]
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22-Jan-19 The growing reliance on desalinated water in the Middle East underlines the importance of effective management, with knock-on implications for energy and water security. Desalination accounts for 3% of the water supply but 5% of its energy consumption. [image: Modern Diplomacy]
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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]
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31-Dec-18 Asia's naphtha market looks set to face downside pressure in the first half of 2019 as key producers in the Middle East and Southeast Asia ramp up production, while demand in Northeast Asia could falter during a heavy steam cracker maintenance season. [image: Platts Oil]
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Insights
30-Dec-18 JGC Corp has been awarded the contract for the construction of chemical plants that will be the foundation of a high-performance synthetic-resin manufacturing and sales undertaking in Thailand involving Kuraray, PTT Global Chemical and Sumitomo Corp. [image: JGC Corporation]
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