IHS Chemical Week

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February 19, 2014
Excipact says that Saudi Kayan Petrochemical (Al Jubail), an affiliate of Sabic, has received an Excipact certification from SGS, one of its certification bodies. The Excipact...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Kayan-gets-Excipact-certification-as-pharmaceutical-excipient-supplier_58893.html
February 18, 2014
Fluor has announced that Kuwait National Petroleum Company (KNPC; Kuwait City) has selected Fluor's joint venture team as the preferred bidder to design, construct, and commission the...
http://www.chemweek.com/regions/middle_east/Fluor-consortium-wins-clean-fuels-project-to-expand-refineries-in-Kuwait_58864.html
February 18, 2014
Maire Tecnimont announced today that it has won a major contract from the Ministry of the Public Contracts of Cameroon to build a hydrocracker in Cameroon. Maire Tecnimont’s...
http://www.chemweek.com/regions/africa/Maire-Tecnimont-awarded-hydrocracker-contract-in-Cameroon_58692.html
February 17, 2014
Industries Qatar (IQ; Doha), a producer of petrochemicals, fertilizers and steel, reported a 5.1% drop in net profit to 8 billion Qatari riyal ($2.2 billion) for full-year 2013. Ebitda...
http://www.chemweek.com/regions/middle_east/Industries-Qatar-reports-lower-earnings-and-revenues-petchem-project-due-online-end-2018_58856.html
February 17, 2014
Samsung Engineering has signed a contract with Groupement Timimoun (GTIM), a joint venture between Sonatrach (Algiers) Total and Cepsa (Madrid) covering the Timimoun field development...
http://www.chemweek.com/regions/africa/algeria/Samsung-Engineering-awarded-gas-development-contract-in-Algeria_58850.html
February 14, 2014
M&A activity in the chemical sector during 2013 was to a large extent driven by shareholder activism and investments by hedge funds, which pushed many chemical companies to...
http://www.chemweek.com/regions/middle_east/Deloitte-Farm-chemicals-health-care-and-biobased-products-to-drive-M-and-A-activity-in-2014_58828.html
February 13, 2014
Saudi Kayan, an affiliate of Sabic, has reported a 55% lower net loss in 2013 compared with the year earlier. Net loss in 2013 reached 346.4 million Saudi riyals ($92.4 million)...
http://www.chemweek.com/regions/middle_east/Saudi-Kayan-narrows-losses-in-2013_58804.html
February 13, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) and Allana Potash (Toronto) say that they have entered into a strategic alliance, under which ICL will invest about $23 million in shares of...
http://www.chemweek.com/regions/africa/ICL-acquires-stake-in-Allana-Potash-to-develop-project-in-Ethiopia_58790.html
February 12, 2014
Air Liquide has completed the commercial start-up of eight large-scale production units around the world, mainly in emerging markets, the company confirmed today. All of the recently...
http://www.chemweek.com/regions/africa/south_africa/Air-Liquide-completes-start-up-of-eight-large-scale-production-units_58776.html
February 12, 2014
Saudi Arabian Mining Co. (Ma’aden) says that its subsidiary Ma’aden Phosphate Co. (MPC) will carry out a scheduled maintenance shut down in the ammonia plant located at Ras...
http://www.chemweek.com/regions/middle_east/Maaden-shuts-ammonia-plant-for-four-week-maintenance_58766.html
February 12, 2014
Amseco Exploration (Montreal) announced on Tuesday that it entered into two agreements on 10 February 2014 covering the acquisition of all rights, titles, and interests held by...
http://www.chemweek.com/regions/africa/Amseco-Exploration-in-reverse-takeover-of-Congo-potash-property_58764.html
February 12, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) reports a 42.7% fall in net profits for the fourth quarter, ended 31 December 2013, compared with the year-ago period, to $119 million...
http://www.chemweek.com/regions/middle_east/ICL-reports-fall-in-profits_58761.html
February 12, 2014
Samsung Engineering announced today that it has received an award notification from Kuwait National Petroleum Co. for a $3.8-billion Mina Abdullah I refinery clean fuels project (CFP)...
http://www.chemweek.com/regions/middle_east/Samsung-consortium-to-build-Kuwaits-Clean-Fuel-Project_58760.html
February 11, 2014
RSA-Talke, a chemical logistics joint venture between RSA Logistics (Dubai) and Talke Group (Hürth, Germany), has officially opened its previously announced packed goods storage...
http://www.chemweek.com/regions/middle_east/Talke-JV-opens-Dubai-storage-facility_58747.html
February 11, 2014
Clariant says that it has signed an agreement to divest its water treatment business in Africa to AECI (Johannesburg), for 34 million Swiss francs ($37.9 million) in cash, at closing...
http://www.chemweek.com/regions/africa/AECI-to-acquire-Clariants-water-treatment-business-in-Africa_58720.html
February 9, 2014
Octal Petrochemicals, a major producer of polyethylene terephthalate (PET) bottle resin at Salalah, Oman, has announced plans to set up a $20-million project in Saudi Arabia to...
http://www.chemweek.com/regions/middle_east/Octal-to-invest-in-downstream-facility-in-Saudi-Arabia_58688.html
February 7, 2014
The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) reports a 19.3% fall in sales in the fourth quarter of 2013, compared with...
http://www.chemweek.com/regions/middle_east/Tevas-API-business-reports-fall-in-sales_58658.html
February 6, 2014
Qatar Intermediate Industries Co. (Alwaseeta; Doha), a subsidiary of Qatar Petroleum, has signed a joint venture agreement with the Qatar Korea LED Consortium (QKLC; Seoul) for the...
http://www.chemweek.com/regions/middle_east/Qatar-and-Korea-form-LED-joint-venture-in-Qatar_58593.html
February 5, 2014
Adama Agricultural Solutions, formerly Makhteshim Agan, a leading global provider of crop protection solutions, today announced that its board of directors has appointed Chen...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Adama-appoints-new-CEO-prepares-for-IPO_58492.html
February 3, 2014
Sahara Petrochemical Co. and Saudi Arabian Mining Co. announced today that they have completed test runs on their chlor-alkali and ethylene dichloride (EDC) complex at Al Jubail. The...
http://www.chemweek.com/regions/middle_east/Sahara-and-Maaden-complete-test-runs-on-chlor-alkali-EDC-complex_58506.html
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