Archives :: World News and Views :: Mideast/Africa
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February 24, 2016National Petrochemical Co. (Petrochem), which operates a petrochemicals complex at Al Jubail, says that the recent increase in the price of petrochemical feedstocks will not hurt it as...
February 24, 2016Oman Oil Refineries and Petroleum Industries (Orpic; Muscat), which incorporates the former Oman Refineries and Petrochemicals Co., Aromatics Oman, and Oman Polypropylene, has...
February 23, 2016National Petrochemical Co. (Petrochem; Riyadh) announced on Tuesday a planned shutdown at its Saudi Polymers Co. joint venture. Petrochem owns 65% of Saudi Polymers, and Arabian...
February 22, 2016Libyan Norwegian Fertilizer Co. (Lifeco), a joint venture in which Yara International holds 50% and the National Oil Corporation of Libya and the Libyan Investment Authority each have...
February 22, 2016Linde says that it has signed a letter of intent with the Erdemir Group (Istanbul), Turkey’s first and largest integrated flat steel producer, to form a joint venture to build an...
February 17, 2016AkzoNobel and BASF on Wednesday said that AkzoNobel has agreed to acquire BASF’s industrial coatings business for €475 million ($530.7 million). The companies said last week...
February 17, 2016Anglo American (London), one of the largest mining businesses, on Tuesday confirmed plans to dispose of its nickel, niobium, and phosphates operations and the Moranbah and Grosvenor...
February 16, 2016Maire Tecnimont has signed an agreement worth €1 billion ($1.12 billion) for constructing refineries and petrochemical plants in Iran. The agreement was signed with the Persian...
February 16, 2016Merck KGaA and the Weizmann Institute (Rehovot, Israel) announced on Tuesday that they have extended their partnership. As part of the new framework agreement on research collaboration...
February 16, 2016BASF has declined to comment on reports that it is discussing investing in a multibillion-dollar project in southern Iran. Marziyeh Shahdaei, the newly appointed deputy oil minister...