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Polymers

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.
  • Iran-China trade down 11 percent to $8.5 bn in seven months

    Tehran, Iran -- The trade exchanges between Iran and China in the first seven months of the current year reached $8.540 billion, with China’s export of products to Iran accounting for $6 billion of it.The trade declined by 11 percent compared to the same period last year, China’s Customs Office...
  • QatarEnergy, Chevron Phillips to build US$8.5bn Texas plastic plant

    Doha, Qatar—  QatarEnergy and Chevron Phillips Chemical (CPChem) have announced they have reached a final investment decision to build an $8.5 billion polymers facility in Texas. Located about 180 kilometers east of Houston, the plant will include an ethylene cracker unit with a capacity of 2.08 million tons per annum,...
  • Turkey bans plastic imports after Greenpeace alarm

    Greenpeace investigation finds "shocking" images of waste dumped along beaches across Adana city Turkey has been importing more plastic waste than any other country, 30% from the UK alone The Turkish government has banned the importation of most types of plastic waste after an investigation by Greenpeace revealed improper dumping...