IHS Chemical Week

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April 21, 2015
Air Products says that it has been awarded a contract by Saudi Aramco to build and operate the world’s largest industrial gas complex. The total investment necessary to build the facility is about $2.1 billion, Air Products says....
April 20, 2015
Industries Qatar (Doha), a company listed on the Qatari stock exchange and which has shareholdings in some of the major local producers, including Qatar Petrochemical Co., Qatar...
April 20, 2015
National Industrialization Co. (Tasnee) today announced its interim results covering the first quarter. Tasnee reports a net loss of 332.5 million Saudi riyals ($88.6 million) in the...
April 20, 2015
Israel’s largest refining and petrochemicals group, Oil Refineries Ltd. (ORL; Haifa), a part of Israel Corp., on Sunday was ordered by the mayor of Haifa to close five plants in...
April 20, 2015
Sabic on Sunday reported a drop in first-quarter sales and profits but said it will continue with global investments to expand capacity. First quarter net profit declined 39%...
April 19, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, today reported a 50.3% drop in its first-quarter net profit to 205.4...
April 17, 2015
National Petrochemical Company (NPC; Tehran) expects to start up a second 1 million m.t./year ethylene plant at the Kavian petrochemical complex in Assaluyeh, Iran, by September, according to a local news report....
April 17, 2015
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, said on Thursday that its manufacturing complex at Yanbu will undergo maintenance starting Friday...
April 16, 2015
More Saudi firms today announced their first-quarter results. Sahara Petrochemical Co. reported first-quarter net loss of 49.5 million Saudi riyals ($13.2 million) compared...
April 16, 2015
Saudi Kayan, a Sabic affiliate, today reported a large loss for the first quarter of this year. Net loss reached 591.64 million Saudi riyals ($157.7 million). This compares with a net...
April 15, 2015
Flotek Industries (Houston) and Solazyme (South San Francisco) say that they have entered into agreements to globally commercialize Flocapso, an innovative, advanced drilling fluid...
April 15, 2015
Yousef Abdullah Al Benyan, who was appointed as Sabic’s CEO elect on 15 February and who is expected to be confirmed as CEO, has made several organizational changes, CW has...
April 14, 2015
Petro Rabigh shareholders have approved Abdulaziz Al Qudaimi as a nonexecutive board member and chairman until the end of the current term. Al Qudaimi replaces Khalid Al Buainain, who...
April 14, 2015
Saudi Arabian Fertilizer Co. (Safco), a Sabic affiliate, today reported a decline in first quarter profits. Net profit was down 30.01% to 590 million Saudi riyals ($157.3 million)...
April 13, 2015
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, today announced a major drop in profits for the first three months of the year. Net profit plummeted...
April 13, 2015
Nama Chemicals (Al Jubail), a producer of chlor-alkalis and epoxy resins, says it has accepted the resignation of CEO Fahad Al Otaibi, effective the end of April, and has approved...
April 13, 2015
The board of Rabigh Refining and Petrochemicals (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, today said that it will recommend to the company’s...
April 13, 2015
A. Schulman says it will establish a new masterbatch production facility near Istanbul, with capacity for 40 million pounds/year of additive, white and breathable masterbatches for...
April 6, 2015
Iran is keen to assist foreign companies to invest in the country’s oil and petrochemicals sectors once the final nuclear deal is clinched between Iran and P 5+1 group of...
April 6, 2015
Advanced Petrochemical Co. today reported net profit of 90 million Saudi riyals ($24.0 million) in the quarter ended 31 March, down 34.5% on the year-earlier quarter. Advanced, a...
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