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The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
Chemical & Engineering News publishes an annual list of the world's largest chemical producers by sales, excluding formulated products such as pharmaceutical drugs and coatings. [1] In 2018, sales of the top fifty companies amounted to US$951,000,000,000, an increase of 11.8% compared to the top fifty producers of 2017. [2]
More than 85% of the UAE's economy was based on oil exports in 2009. [2] [3] While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. [4] In 2011, oil exports accounted for 77% of the UAE's state budget. [5]
Borouge is an Abu Dhabi–based petrochemicals company and a manufacturer of polyolefins. [ 1 ] [ 2 ] [ 3 ] It is a joint venture of the Abu Dhabi National Oil Company and Borealis of Austria . The company was founded in 1998 and has a workforce of more than 3,100.
Its petrochemical subsidiaries include Taghleef Industries and Adeka Al Ghurair Additives, a chemical additives manufacturer. Aluminium extrusion companies Gulf Extrusions and Taweelah Aluminium Extrusion Company (TALEX), and The Royal Engineering Fabrication Company (REFCO), an aluminium fabricator for automobile parts, represent the group's ...
Fosroc is a British manufacturer of specialised construction chemicals that cater to a range of sectors including commercial, industrial, residential, marine and infrastructure. [3] Fosroc has offices and manufacturing locations across Europe, the Middle East and Asia Pacific. They are further represented in other regions around the world ...
Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. [1] Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI).
In 2006, IFFCO consolidated much of its UAE-based export F&B production in a $275 million factory at Dubai Industrial City, [3] including products sold under the Noor, London Dairy, Al Baker & Tiffany brands. [4] In 2010 it opened a 500,000 square metre logistics support and export facility in the zone.