Tag: chemicals

Energy, Oil & Gas

TA’ZIZ signs $28.5bn energy, chemicals supply deals

TA’ZIZ signed $28.5 billion in long-term offtake, feedstock and sales agreements at Make it in the Emirates, covering methanol, PVC, EDC, VCM and other chemicals. Adnoc Gas will supply natural gas under a 25-year deal worth over $5 billion....

Energy, Oil & Gas

SABIC reports 7% revenue decline and lower profit in Q3

Saudi Basic Industries Corporation (SABIC) has reported a 7% year-on-year decline in revenue for the third quarter of 2025, with total revenue amounting to SAR34.33 billion ($9.15 billion), primarily due to lower average selling prices and sales volumes. ...

Energy, Oil & Gas

Adnoc L&S, TA’ZIZ to establish dedicated chemicals port in Ruwais

Adnoc Logistics & Services (Adnoc L&S) and TA’ZIZ announced a 50-year agreement to establish a dedicated chemicals port at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais. Adnoc L&S will build, own and operate the port, while TA’ZIZ will leverage the facility to efficiently export chemicals and their derivatives....