Saudi Industrial Investment Group

Saudi petrochemical group acquires remaining shares in Petrochem / Third major transaction in two years

Saudi PA joint venture begins trial operations in Al Jubail

Al Jubail complex trips over technical issues / Outage expected to last for four weeks

Follow-up: Al Jubail hub starts commercial production

14m t of new petrochemical capacity brought on stream in 2011 / Saudi Arabia leads the pack / Regional players are setting their sights to the east / Feedstock surplus will sweep global markets in near future

Start up of ethylene complex in Al Jubail / Downstream units include PE, PP and PS

Saudi Polymers jv project to start up in Q1 2012 / Output includes PE, PP and PS

Alternative feedstocks rejuvenate global plastics sector/ Oilfield licences to be awarded in Brazil / Shale gas fever rages on three continents / Middle East resources still firmly driving / Saudi Arabia, Iran are major players / GlobalData reports

New joint venture between Chevron Phillips and Saudi Industrial / Numerous downstream facilities planned by 2013