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February 27, 2014
The Dalian Commodities Exchange (DCE; Dalian, China) polypropylene (PP) futures contract will commence trading on 28 February, the same day as the Dubai Gold & Commodities Exchange...
http://www.chemweek.com/regions/middle_east/DCE-to-launch-PP-futures-contract-on-28-February_59117.html
February 27, 2014
AECI (Johannesburg) achieved 954 million South African rand ($88.6 million) in profit for the whole of 2013, up about 62% on the rand589 million restated profit reported for 2012...
http://www.chemweek.com/regions/africa/south_africa/AECIs-annual-profit-up-more-than-60-percent_59145.html
February 25, 2014
Indorama Ventures (Bangkok) says that it has established a new wholly owned subsidiary in Ghana, Indorama Ventures Packaging Ghana. The new subsidiary, which was established on 14...
http://www.chemweek.com/regions/africa/Indorama-establishes-subsidiary-in-Ghana_59063.html
February 21, 2014
Toray Industries and Abunayyan Holding (Riyadh) plan to establish Toray Membrane Middle East (TMME), a joint venture in water and wastewater treatment technologies at Dammam, Saudi...
http://www.chemweek.com/regions/middle_east/Toray-and-Abunayyan-form-water-treatment-JV-in-Saudi-Arabia_59012.html
February 21, 2014
Industrial Development Corp. (IDC; Sandton, South Africa), a government owned finance institution set up to promote economic growth and industrial development, has issued a request for...
http://www.chemweek.com/regions/africa/south_africa/South-Africa-invites-tenders-to-study-establishment-of-soda-ash-production_59020.html
February 20, 2014
Mitsui OSK Lines (MOL; Tokyo) says it has received a new building charter contract for two methanol carriers from Atlantic Methanol Production Co. (AMPCO; Equatorial Guinea), based on...
http://www.chemweek.com/regions/africa/Mitsui-OSK-to-build-two-methanol-carriers-for-charter-to-Atlantic-Methanol_58940.html
February 20, 2014
  The Arab Potash Co. (APC; Amman) and the Jordan Bromine Co. (JBC) have signed an agreement with Noble Energy Co. (Houston, TX) to import 2 billion cubic meter of natural gas for...
http://www.chemweek.com/regions/middle_east/Arab-Potash-and-Jordan-Bromine-sign-deal-with-US-firm-to-import-gas-from-Israel_58938.html
February 19, 2014
Fluor Arabia has awarded Sepam (Dublin), an engineering, procurement, management, and construction company, a contract to provide project management personnel, including integrated...
http://www.chemweek.com/regions/middle_east/Sepam-receives-subcontract-for-Sadara-petrochemical-complex_58898.html
February 19, 2014
A South Korean joint venture comprising Hyundai Engineering and Construction and GS E&C has secured a $6.04-billion contract to build an oil refinery in Iraq, the companies...
http://www.chemweek.com/regions/middle_east/South-Korean-consortium-awarded-refinery-contract-in-Iraq_58896.html
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
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