1. Doubts Gather Over Gulf Petrochemical Plans

    ...own at 5% a year for the past 25 years, according to Shell. It is the main building block for the olefin petrochemicals, and is used in many key products and in particular polyethylene. But China is building plants at a faster rate and by 2014 will likely have ethylene cracking capacity roughly eq...

    Volume: 54
    Issue: 09
    Published at Mon, 28 Feb 2011
  2. Saudi $36Bn Support Package On Track, Vigilance Needed On Jobs

    ...rough 2014. Rental inflation, while halved, remains near 10% and sale prices for properties have risen quickly in the past year. The 19 orders from the king include a pledge to provide unemployed Saudis with financial support for one year and write off a series of loans, and admit all Saudi st...

    Volume: 54
    Issue: 09
    Published at Mon, 28 Feb 2011
  3. Siemens Awarded $1Bn-Plus Order For Ras Al-Zour Power Plant

    ...ntracting Company (ACC), Saudi Arabia and the Chinese Sepco III Electric Power Construction Corporation. The start of commercial operation is scheduled for early 2014. Last year, Saudi state‐owned Saline Water Conversion Corporation (SWCC) awarded a $2.44bn contract to build the 2.8gw electricity ge...

    Volume: 54
    Issue: 09
    Published at Mon, 28 Feb 2011