Tag: petrochemicals
Iran: petrochemical projects
Iran intends to invest USD 11 billion in 26 new petrochemical projects in the fourth of its five-year plan.
Oil refinery in East Java
Iran plans to build and operate a USD 1 billion oil refinery in Indonesia's East Java province, Iran's ambassador to Indonesia has said.
ABB sells oil & gas business
ABB Ltd has agreed to sell most of its upstream business in the oil, gas and petrochemicals division to a private equity consortium.
Gas-fired power plant in Saudi Arabia
Saudi Arabia has awarded a SAR 544 million contract to Siemens for the construction of a gas turbine power plant.
Russia’s Nizhnekamsk builds new plant
One of Russia's largest petrochemical companies, OAO Nizhnekamskneftekhim, plans to build a USD 125 million plant by 2006 to produce polypropylene.
Franco-Russian joint venture
Lukoil and Technip will create a 50/50 joint venture company for oil & gas projects, refining and petrochemicals in Russia and other CIS countries.