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Oil and Gas
Middle East war sends shockwaves through Asian plastics market
The war involving Iran, Israel and the United States has started to reverberate through Asia’s plastics and petrochemicals markets, tightening supplies, pushing up prices and disrupting trade flows as oil and gas shipping through the Gulf region becomes increasingly uncertain. Industry participants are already hurting by way of feedstock markets, particularly naphtha and liquefied petroleum...
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AGY Launches New Lightweight Single-End S2 Glass® Roving to Deliver Breakthrough Performance
AGY, a leading producer of high-performance glass fiber reinforcements, is proud to announce the development and commercial launch of its new single-end lightweight S2 Glass® roving, engineered to deliver exceptional strength, stiffness, and impact resistance for advanced composite applications.
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Diesel Market Faces Strains in Asia as Chinese Demand Contracts
Chinese and Indian diesel markets — which account for the bulk of Asian demand — are showing signs of a slowdown, potentially leading to more weakness in crude oil prices.
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JGC introduces 3D printer technology in Zuluf Oil Processing Facilities in Saudi Arabia
JGC Group announces that it will introduce verified 3D printing technology in the Zuluf AH Oil Increment Central Processing Facilities in Saudi Arabia, where construction is underway. As one of the world’s largest integrated energy and chemicals companies, Aramco’s goal is to support energy security and affordability, and promotes sustainable practices in all its operations...
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Oman’s OQ invests $88mn in local polymer industry
Omani state-controlled petrochemical producer OQ has signed nine agreements worth $88mn with various downstream companies to establish polymer projects in its upcoming Ladayn Polymer Park (LPP) located in Sohar Industrial City.
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