Tag Archives: SABIC

Mutares Launches Chemicals and Materials Segment with USD 450 Million SABIC Deal

(IN BRIEF) Mutares has signed an agreement to acquire SABIC’s Engineering Thermoplastics business in Europe and the Americas for an enterprise value of USD 450 million. The deal, expected to close in H2 2026, represents Mutares’ largest acquisition to date … Read the full press release

bp Initiates Construction on 187MW Peacock Solar Project in Texas to Support Clean Energy Transition

(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release

TotalEnergies, Aramco, and SABIC Successfully Convert Plastic Waste into Certified Circular Polymers in the Middle East

(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release

The Linde Group awarded contract to build the world’s largest carbon dioxide (CO2) purification and liquefaction plant for Jubail United Petrochemical Company in Saudi Arabia

Munich, 26-8-2013 — /EuropaWire/ — The technology company The Linde Group has been awarded a contract to build the world’s largest carbon dioxide (CO2) purification and liquefaction plant for Jubail United Petrochemical Company (UNITED), a manufacturing affiliate of SABIC (Saudi Basic Industries … Read the full press release