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February 15, 2013
Jacobs Engineering has been awarded a contract by Saudi Aramco Lubricating Oil Refining Co. (Luberef; Yanbuʿ, Saudi Arabia) to provide project management consulting (PMC) services for...
http://www.chemweek.com/regions/middle_east/Jacobs-awarded-contract-to-expand-Aramcos-lube-oil-complex_49902.html
February 14, 2013
Sasol has taken a 1.98-billion rand ($221.81 million) impairment charge on its interest in the Iranian joint venture Arya Sasol Polymer Co. (ASPC; Assaluyeh, Iran), and there will be...
http://www.chemweek.com/regions/middle_east/iran/Sasols-earnings-decline-on-big-Iranian-asset-writedown_49736.html
February 12, 2013
Saudi Kayan (Al Jubail), a Sabic affiliate engaged in the production of specialty chemicals, reported huge losses for the year 2012. Net loss was 772.27 million Saudi riyals ($205.9...
http://www.chemweek.com/regions/middle_east/Saudi-Kayan-reports-huge-full-year-losses_49762.html
February 11, 2013
Yanbu National Petrochemical (Yansab; Yanbuʿ, Saudi Arabia), a Sabic affiliate, reports a 23% decline in full-year 2012 net income, to 2.45 billion Saudi riyals ($652.3...
http://www.chemweek.com/regions/middle_east/Yansab-reports-a-decline-in-profits-on-lower-product-prices_49734.html
February 8, 2013
Kuwait Styrene Co. (TKSC; Al Shuʿaybah, Kuwait), the country’s only producer of styrene monomer, reported a $59-million net profit in 2012. Sales exceeded $667 million...
http://www.chemweek.com/regions/middle_east/Kuwait-Styrene-reports-2012-sales-and-earnings_49713.html
February 7, 2013
Sabic plans to launch four new technology and innovation facilities in 2013, two in Saudi Arabia and one each in India and China, bringing the total number of its research facilities...
http://www.chemweek.com/regions/middle_east/Sabic-to-boost-innovation-with-four-technology-centers-costing-$500-million_49358.html
February 7, 2013
Equate (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, today reported a 3% rise in 2012 net...
http://www.chemweek.com/regions/middle_east/Equate-reports-higher-sales-and-earnings-eyes-opportunities_49631.html
February 6, 2013
Shell Chemicals has made a final investment decision to upgrade its Jurong Island, Singapore, polyols facility, the company announced today. The investment is expected to increase...
http://www.chemweek.com/regions/middle_east/Shell-to-expand-polyols-capacity-in-Singapore_49568.html
February 4, 2013
Aspen PharmaCare (Durban, South Africa) is in discussions with Merck Sharp Dohme (MSD; Darmstadt, Germany) regarding a possible acquisition of a Merck active pharmaceutical...
http://www.chemweek.com/regions/africa/south_africa/Aspen-Pharmacare-in-talks-for-Merck-API-facility-in-the-Netherlands_49535.html
January 31, 2013
The African Development Bank (AfDB; Abidjan, Ivory Coast) has approved a senior loan of $100 million to Indorama Eleme Fertilizer & Chemicals (IEFC) to build and operate a...
http://www.chemweek.com/regions/africa/algeria/Indorama-Eleme-receives-$100-million-loan-from-AfDB-for-urea-project-in-Nigeria_49468.html
January 30, 2013
Univar has announced the opening of a personal-care, and household and industrial cleaning laboratory in Dubai. The new laboratory extends the company's ability to provide expertise...
http://www.chemweek.com/regions/middle_east/Univar-opens-laboratory-in-Dubai_49440.html
January 30, 2013
Distributor IMCD Group (Rotterdam) says it has acquired 100% of the shares of Chemimpo South Africa (Johannesburg), through its subsidiary IMCD South Africa. The two companies will...
http://www.chemweek.com/regions/africa/south_africa/IMCD-acquires-specialties-distributor-in-South-Africa_49437.html
January 29, 2013
African Potash (London), a company listed on London's AIM exchange, has reentered into an agreement to acquire an indirect 70% interest in Société des Potasses et des...
http://www.chemweek.com/regions/africa/south_africa/African-Potash-signs-agreement-to-acquire-potash-asset-in-the-Republic-of-the-Congo_49410.html
January 29, 2013
Qatar Holding (Doha), the country’s sovereign wealth fund, is planning a $5-billion investment in Malaysia’s petrochemical sector, Free Malaysia Today reports. The sum...
http://www.chemweek.com/regions/middle_east/Qatar-to-invest-$5-billion-in-Malaysia-petchem-complex-report-says_49405.html
January 28, 2013
National Petrochemical Co. (NPC; Tehran) will offer shares of Persian Gulf Holding, comprising 15 petrochemical firms, on the Tehran stock exchange, Fars News Agency reported today...
http://www.chemweek.com/regions/middle_east/Irans-NPC-to-offer-Persian-Gulf-Holding-shares-on-stock-exchange-reports-say_49366.html
January 28, 2013
Saudi Arabian Mining Company’s (Ma’aden) subsidiary Ma’aden Phosphate Co. (MPC; Riyadh) will shut down its di-ammonium phosphate (DAP) plant at Ras Al Khair, Saudi...
http://www.chemweek.com/regions/middle_east/Maaden-and-Natpet-close-plants-for-maintenance_49362.html
January 25, 2013
Samsung Total Petrochemicals (STP; Seoul), a joint venture between Samsung and Total, has reinstated a contract to purchase Iranian crude oil after a one-year hiatus, Reuters...
http://www.chemweek.com/regions/middle_east/Samsung-Total-Petrochemicals-strikes-feedstock-deal-with-Iran-report-says_49338.html
January 25, 2013
The US Agency for International Development (USAID; Washington) has signed a memorandum of understanding with DuPont and Ethiopia to boost maize harvests through increased use of...
http://www.chemweek.com/regions/africa/algeria/DuPont-USAID-work-with-Ethiopia-to-improve-food-security_49331.html
January 25, 2013
Sabic says it has expanded its multiyear agreement with the Swiss Federal Institute of Technology (ETH Zürich), under an umbrella agreement signed on 21 January for multiple...
http://www.chemweek.com/regions/middle_east/Sabic-expands-research-deal-with-Swiss-university_49328.html
January 23, 2013
Polyethylene (PE) supply is expected to remain restricted in Asia despite a renewed influx of imports from Iran, owing to planned maintenance shutdowns at PE plants elsewhere in the...
http://www.chemweek.com/regions/middle_east/Mideast-plant-turnarounds-buoy-Asian-PE-prices-despite-renewed-influx-of-Iranian-material_49216.html
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