Entries from Chemicals & The Economy tagged with 'IPIC'

Abu Dhabi looks to build its petchem activities

IPIC, Abu Dhabi's International Petroleum Investment Company, made a very shrewd acquisition of Nova at the bottom of the market, earlier this year. And now they are apparently in talks with a number of major chemicals companies about joint ventures...

Abu Dhabi snaps up Nova Chemicals

Nova's CEO, Jeffrey Lipton, has always been the great optimist of the petrochemical industry. As recently as December, he was arguing at the GPCA meeting that "demand forecasts will prove to be too low", and forecasting a shortage of ethylene...