BlackRock, Inc. is a global investment management firm headquartered in New York City. Founded in 1988, it manages assets for institutions, financial intermediaries, and individual investors worldwide through active and index strategies, exchange-traded funds (iShares), and alternative investments. The firm also provides risk management, portfolio analytics, and technology solutions via its Aladdin platform. BlackRock is a public company listed on the New York Stock Exchange under the ticker BLK and oversees trillions of dollars in assets across equities, fixed income, multi-asset, and alternatives.
For the chemical industry, BlackRock is relevant as a significant investor in public and private markets, allocating capital to chemical producers, materials companies, and related infrastructure. Through its investment products and index offerings, it holds stakes in many global chemical firms, and its investment stewardship program engages on governance, risk oversight, safety, environmental, and climate-related disclosures. BlackRock’s research and capital allocation can influence financing conditions, sustainability initiatives, and long-term corporate strategy across the sector.
Also known as BlackRock.
Acquired an additional 7.6% in Trains 4–5, giving equity across all five construction trains; Trains 4–5 add ~12 MTPA and the project targets production in 1H 2027.
First US offshore FLNG with 4.4 Mtpa nameplate capacity, 1.4 Mtpa offtake secured; FID taken and production expected in 2030; project cost ~US$5bn.
Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
XRG acquires an additional 7.6% in Rio Grande LNG, enhancing its global gas strategy and deepening UAE–U.S. energy ties.
The partnership grants joint control of Eni CCUS Holding, enhancing its CCS projects in the UK, Netherlands, and Italy, and supports Eni's energy transition strategy.
The Jafurah project will start production by year-end, expanding gas capacity and supporting Saudi Arabia's growth in energy and petrochemicals.
