Subscribe

The «» query returned 4 matches.

Sorted by relevancedate

  1. Digital format

    ..., transforming existing business processes to drive customer engagement, employee productivity, and business resiliency. Digitalisation in the petrochemical industry The world’s leading petrochemical companies are also going digital. For instance, SABIC is leveraging artificial intelligence to gain deeper insights into price and demand forecasting. Big data, coupled with predictive analytics, is opening the door for greater efficiency and better big data-driven business decisions – while driving ...

  2. How the green agenda improves your bottom line

    ... basic chemical compounds. As part of their carbon management efforts, BASF’s R&D facilities are searching for new solutions that will unlock the zero-emission production of basic chemical compounds. For example, we are working with SABIC and Linde to build an experimental electrically-heated steam cracker furnace. We plan to power it using renewable electricity. This way, basic chemicals like ethylene, propylene, etc. can be produced with a negligible level of CO2 emissions when ...

  3. Investments in petrochemicals

    ... flaring issue, as most of the by-products from the extraction of oil & gas can be processed into high-margin products. In the future, as demand for fuels drops, petrochemical processing will help to maintain demand for oil. For example, Saudi Aramco and SABIC are considering constructing a COTC petrochemical plant (oil to olefins), capable of processing up to 400,000 barrels of oil a day and producing up to 9 million tonnes of petrochemicals annually by 2025. It is not surprising, therefore, ...

  4. SIBUR’s export market strategy

    ... the petrochemical industry in general. – Who is your competition? What companies have significant market shares globally? – A range of companies – both well-established producers of bulk petrochemicals, such as BASF, LyondellBasell, Borealis, SABIC, Dow, INEOS, Shell, as well as niche players in some segments of global industry. As a rule, the most successful ones are either upstream-integrated or are a petrochemical arm of a gas or oil major. This is the case with one of our shareholders ...