LyondellBasell Signs Joint Venture with Sinopec to Satisfy Rising Propylene Oxide and Styrene Monomer (SM) demand in China.
LyondellBasell Industries N.V. LYB has recently entered a 50:50 joint venture with China Petroleum & Chemical Corporation (Sinopec) to build a new propylene oxide (PO) and styrene monomer (S... Read More
Dec/2019Saudi and Kuwait Agree to Resume Joint Oil Output
Saudi Arabia and Kuwait, after a prolonged bilateral disagreement for five years on production of oil from two major oilfields in shared neutral zone, have agreed to resume production. Both part... Read More
Dec/2019Reliance and BP Join Hands to Form a New Indian Fuels and Mobility JV
Reliance Industries Limited (RIL), a leading conglomerate has signed an agreement with British oil and gas major, BP Plc. to form a joint venture in fuel and mobility sector in India. The ventur... Read More
Dec/2019RIL and ADNOC sign a pact to set up Ethylene Dichloride Joint Venture in Ruwais
Reliance Industries Limited and Abu Dhabi National Oil Company (ADNOC) have signed an agreement to start Ethylene Dichloride (EDC) production in Ruwais. The new unit will enable RIL to procure E... Read More
Dec/2019Nippon Signs Deal with Sanyo Chemical
Nippon Shokubai Co., Ltd. and Sanyo Chemical Industries, Ltd. have jointly announced to integrate their businesses to tackle the challenge of intense competition bet... Read More
Nov/2019Asahi Inks announced JV with Tennants Textile colors to set up a Phthalo pigment plant in Dahej by 2021
Asahi Songwon Colors Ltd is going to set up a plant in Dahej in JV with Tennants Textile Colors Ltd with 51:49 shareholding respectively and is expected to be commissioned by March, 2021 with a ... Read More
Oct/2019