IHS Chemical Week

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November 19, 2013
Merck KGaA says that it has increased its stake in Qlight Nanotech (Jerusalem), a company that develops products for advanced displays and energy-efficient lighting. The start-up was...
http://www.chemweek.com/regions/middle_east/Merck-KGaA-increases-stake-in-Qlight-Nanotech_56773.html
November 18, 2013
Makhteshim Agan Industries (Tel Aviv) says it is building a new global R&D center at the Neot Hovav ecoindustrial park in Israel. Completion of the construction is expected in two...
http://www.chemweek.com/regions/middle_east/Makhteshim-Agan-to-establish-global-R-and-D-center-in-Israel_56749.html
November 15, 2013
A. Schulman says it has appointed Pojhan Vahabi as general manager/Turkey, Mideast, and Africa, reflecting the company's growth in that region. Additionally, Sandor Konya has been...
http://www.chemweek.com/regions/middle_east/A-Schulman-appoints-general-manager-for-Turkey-Mideast-and-Africa_56718.html
November 13, 2013
Israel Chemicals (ICL; Tel Aviv) today announced a sharp decrease in third-quarter sales and profits citing weakness and instability in the potash market, which led to lower fertilizer...
http://www.chemweek.com/regions/middle_east/Israel-Chemicals-sales-and-profits-slide-as-potash-turmoil-takes-its-toll_56660.html
November 12, 2013
Oman Chlorine (Muscat) is planning a $70-million chlor-alkali plant at Abu Dhabi, according to a Reuters report quoting the company's managing director. The new production would meet...
http://www.chemweek.com/regions/middle_east/Report-Oman-Chlorine-to-build-chlor-alkali-plant-at-Abu-Dhabi_56640.html
November 10, 2013
Makhteshim Agan, the world’s leading supplier of generic crop protection chemicals, on Sunday reported a large increase in third-quarter profits and sales buoyed by improved...
http://www.chemweek.com/regions/middle_east/Makhteshim-Agan-reports-highest-third-quarter-sales-in-its-history_56603.html
November 7, 2013
Oilfield chemicals and services firm Flotek Industries (Houston) is planning to launch a joint venture in Oman with Tasneea Oil and Gas Technologies, a subsidiary of Gulf Energy...
http://www.chemweek.com/regions/middle_east/Flotek-to-launch-Oman-JV-with-Gulf-Energy-subsidiary_56552.html
November 7, 2013
Saudi Kayan Petrochemical Co., a Sabic affiliate, today said that it has decided to cancel its previously announced high molecular weight polyethylene (UHMWPE) project at Al Jubail...
http://www.chemweek.com/regions/middle_east/Saudi-Kayan-cancels-ultra-high-molecular-weight-PE-project-at-Al-Jubail_56539.html
November 7, 2013
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia) said today that it expects its Yanbu petrochemical complex to restart at the end of next week. Yansab is a Sabic...
http://www.chemweek.com/regions/middle_east/Yansab-extends-Yanbu-complexs-shutdown-to-fix-fault_56402.html
October 31, 2013
AkzoNobel says it has acquired a 50% stake and management control of Sadolin Paints Oman (Muscat). Financial details of the deal have not been disclosed. AkzoNobel has signed a joint...
http://www.chemweek.com/regions/middle_east/AkzoNobel-acquires-50-percent-stake-in-Oman-paints-company_56333.html
October 29, 2013
Monsanto and plant genomics company Evogene (Rehovot, Israel) say that they have extended and expanded their R&D collaboration. The venture, initially signed in 2008 and later...
http://www.chemweek.com/regions/middle_east/Monsanto-and-Evogene-expand-collaboration-for-crop-improvement_56268.html
October 28, 2013
Sabic said today that its third-quarter net profit rose 2.5%, to 6.47 billion Saudi riyals ($1.73 billion), on sales 9% higher, at SR48.8 billion. Operating profit was 14.3% higher, at...
http://www.chemweek.com/regions/middle_east/Sabic-reports-higher-third-quarter-results-says-next-year-could-be-better_56235.html
October 24, 2013
Foster Wheeler announced today that it has been selected by Farabi Petrochemicals Co. to undertake a concept study and technology selection contract for the Jazan petrochemicals...
http://www.chemweek.com/regions/middle_east/Foster-Wheeler-awarded-study-and-technology-selection-contract-for-Jazan-petchems-project_56143.html
October 24, 2013
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia) today reported a major decline in third-quarter profits and a huge loss in the first nine months. Meanwhile...
http://www.chemweek.com/regions/middle_east/Petro-Rabigh-third-quarter-profits-down-restarts-ethane-cracker_56140.html
October 23, 2013
Methanex (Vancouver) on 22 October announced plans to sell a 10% equity share in Egyptian Methanex Methanol Company (EMethanex) to Arab Petroleum Investments Corp. (Apicorp; Dammam, Saudi Arabia) for $110 million. The deal, which is expected to close later this year, will increase Apicorp’s share of the joint venture to 17%, while Methanex will retain just over 50%....
http://www.chemweek.com/regions/middle_east/Methanex-to-sell-10-percent-share-of-Egyptian-jv-to-Apicorp-for-$110-million_56100.html
October 23, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khubar), citing higher prices and margins and lower charges, today reported a rise in third-quarter profits. Net profit rose 18.9%...
http://www.chemweek.com/regions/middle_east/Sipchem-reports-higher-third-quarter-profits_56107.html
October 22, 2013
Citing higher production and sales volumes and improved prices, Yanbu National Petrochemical Co. (Yansab; Yanbuʿ, Saudi Arabia), a Sabic affiliate, today reported a large increase in...
http://www.chemweek.com/regions/middle_east/Yansabs-profits-double-Methanol-Chemical-Co-s-are-down_56085.html
October 21, 2013
Iran is looking to export more methanol capacity from its complexes, Petrochemical Commercial Co. (PCC; Tehran) says. PCC’s director, Ali Tahouri, tells CW that Iran’s main...
http://www.chemweek.com/regions/middle_east/Iran-stepping-up-methanol-exports_56053.html
October 21, 2013
Petro Rabigh (Rabigh, Saudi Arabia) says that on 16 October there was a leak in water pipes connecting with the Rabigh-based ethane cracker, which has led to the suspension of...
http://www.chemweek.com/regions/middle_east/Petro-Rabigh-suspends-cracker-operation-following-water-leak_56050.html
October 21, 2013
Saudi Arabia Fertilizer Co. (Safco, Al Jubail), citing lower fertilizer prices, today reported a major drop in profits. Net profit in the third quarter was down 36%, to 734 million...
http://www.chemweek.com/regions/middle_east/Safco-reports-decline-in-profits-on-lower-fertilizer-sales_56062.html
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