Royal Dutch Shell announced that Neil Carson be appointed a Director of the Company with effect from June 1, 2019. “Neil has a wealth of expertise, and the Board is delighted to recommend to shareholders that he be appointed a Director of the Company. As a Non-Executive director, Neil brings a track record of utilizing well his strong operational exposure, familiarity with capital intensive business and a first-class international perspective on driving value in complex environments,” said Chad Holliday, Chair of Royal Dutch Shell plc. Neil joined Johnson Matthey in 1980 where he held several senior management positions in both the UK and US, before being appointed CEO in 2004. Read More
Saudi Aramco with its partner Total announced the signing of a MoU with Daelim. Under the MoU, Daelim is planning to build a new 80,000 tons state-of-the-art Polyisobutylene (PIB) plant, which is expected to come on-stream in 2024. This agreement is another step to drive Saudi Aramco’s petrochemicals growth strategy. This follows Saudi Aramco’s announcement to launch an engineering study to build a large petrochemical complex in Jubail. The new petrochemicals facility will be using feedstock from the Amiral complex in Jubail, located on Saudi Arabia’s eastern coast. Read More