Borouge Reports a Net Profit of 490 Million Dollars for the Second Quarter

Borouge is a petrochemical company based in the state of Abu. It is a joint venture between Borealis AG and Abu Dhabi National Oil Co Dhabi and is designed to produce specialty plastics for consumers and manufacturing goods.

Investors looked in awe as Borouge shared that its net profit ...

PTTGC purchases Vencorex, a chemical company

PTT Global Chemical (PTTGC), the petrochemical division of the national oil and gas giant PTT Plc, has acquired a 9.18 per cent share in the French chemical manufacturer Vencorex Holding as part of its ongoing acquisition of assets with a focus on value-added goods.

PTTGC, which already...

Iranian Companies Sign Deal To Establish Polyethylene Unit

According to the report published by Iranian News Agency Shana, Petrochemical Research and Technology Company (PRTC)'s Managing Director Ali Pajouhan and Siavash Derafshi, the CEO of Tabriz Petrochemical Company in Tehran. The deal is about two companies working together to construct a polyet...

SHOWA DENKO KK/ADR and FMC: A Side-to-Side comparison

FMC (NYSE: FMC) and SHOWA DENKO KK/ADR (OTCMKTS: SHWDY) are both large-cap basic materials companies, yet which is the superior stock? In this article, we will look into earnings, risk-taking abilities, dividends and recommendations to determine which business comes out on top.

Dividend...