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August 5, 2015
Sabic has shelved a project to build a world-scale acrylonitrile complex at Al Jubail because of escalating costs, according to press reports. The facility, first announced in 2011...
http://www.chemweek.com/regions/middle_east/Sabic-and-partners-shelve-acrylonitrile-project_72716.html
August 5, 2015
Mesaieed Petrochemical Holding (Mesaieed, Doha), a Qatar Petroleum (QP) company that holds most of QP’s shares in three petrochemical companies: Qatar Chemical Co. (Q-Chem I)...
http://www.chemweek.com/regions/middle_east/Mesaieeds-earnings-down-because-of-plant-maintenance-and-weaker-prices_72762.html
August 4, 2015
Industries Qatar (Doha), a conglomerate with interests in petrochemicals, fertilizers, and steel, reported second-quarter net profit increased 20% year-on-year, to 1.5 billion Qatari...
http://www.chemweek.com/regions/middle_east/Industries-Qatar-lifts-sales-and-profits_72718.html
August 3, 2015
Sadara Chemical, a joint venture between Saudi Aramco and Dow Chemical; and E. A. Juffali & Brothers, a privately owned Saudi company, have signed an agreement for Sadara to supply...
http://www.chemweek.com/regions/middle_east/Sadara-signs-MDI-supply-agreement-with-Juffali-and-Brothers_72683.html
August 2, 2015
Satorp, a joint venture between Saudi Aramco and Total, which operates a refinery and an aromatics complex at Al Jubail, reported a significant rise in profits in the second quarter...
http://www.chemweek.com/regions/middle_east/Satorps-earnings-rise-to-form-subsidiary_72679.html
August 2, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) on Sunday said that Samsung Engineering (Seoul) has asked the International Center for Settlement of Investment...
http://www.chemweek.com/regions/middle_east/Samsung-Engineering-takes-Oman-to-arbitration-over-Sohar-refinery-project_72678.html
July 31, 2015
Fluor Corp., the leading engineering and construction firm, has signed an agreement to divest 50% of shares in its Spanish operations, Fluor S.A., to Sacyr Industrial, a leading...
http://www.chemweek.com/regions/middle_east/Fluor-sells-part-of-its-Spanish-subsidiary-confirms-refinery-award-in-Kuwait_72638.html
July 30, 2015
The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) reports a 1% rise in sales in the second quarter of 2015 compared with the...
http://www.chemweek.com/regions/middle_east/Tevas-API-business-reports-slight-increase-in-second-quarter-sales_72558.html
July 30, 2015
Methanol Chemicals Co. (Chemanol) reported a second-quarter net loss of 21.41 million Saudi riyals ($5.7 million) compared with a net profit of SR15.86 million in the year-earlier...
http://www.chemweek.com/regions/middle_east/Saudi-methanol-producer-swings-to-loss-on-price-decline_72550.html
July 29, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired Scandia Citrus (Lakeland, FL), which specializes in the R&D, manufacture, and...
http://www.chemweek.com/regions/middle_east/Frutarom-acquires-Florida-based-Scandia-Citrus_72504.html
July 29, 2015
Kuwait’s Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp., is at an advanced stage of a feasibility study for a petrochemicals and...
http://www.chemweek.com/regions/middle_east/Exclusive-Kuwait-CEO-confirms-petchem-plans-in-Kuwait-talks-with-OPaL-in-India_72511.html
July 27, 2015
Arab Potash Co.’s (APC; Amman) sales revenues in the first six months were 263.8 million Jordanian dinars ($372.3 million) compared with JD278.2 million in the same period last...
http://www.chemweek.com/regions/middle_east/Arab-Potash-Co-raises-profits-approves-expansion_72447.html
July 27, 2015
Sabic on Sunday reported a 4.5% drop in second-quarter profit, to 6.17 billion Saudi riyals ($1.65 billion), citing lower prices. Operating profit was down 7.3%, to SR9.33 billion. Net...
http://www.chemweek.com/regions/middle_east/Sabics-second-quarter-profits-and-sales-down-signs-agreement-to-access-US-shale-gas_72433.html
July 27, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, on Monday announced a major improvement in second-quarter and...
http://www.chemweek.com/regions/middle_east/Petro-Rabighs-profits-rise-substantially_72439.html
July 27, 2015
Saudi National Industrialization Co. (Tasnee) on Monday announced a swing into a second-quarter net loss of 107.7 million Saudi riyals ($28.7 million) from a net profit of SR408.3...
http://www.chemweek.com/regions/middle_east/Tasnee-swings-into-loss-Sipchems-profits-dive_72438.html
July 24, 2015
Sahara Petrochemical’s second-quarter net profit declined to 11.4 million Saudi riyals ($3.04 million) from SR185 million in the year-earlier quarter. The company reports an...
http://www.chemweek.com/regions/middle_east/Sahara-profits-sink-looking-to-restructure-operations_72413.html
July 21, 2015
BASF and Linde executives met energy officials in Tehran on Monday to discuss potential investment and transfer of technology, says She’ri Moqaddam, managing director of Iran's...
http://www.chemweek.com/regions/middle_east/BASF-chairman-part-of-German-delegation-to-discuss-return-to-Iran-in-postsanctions-era_72328.html
July 20, 2015
Gulf Petrochemical Industries Co. (GPIC; Manama) has met its targets in the first half of this year, the company’s president Abdulrahman Jawahery has announced. The results were...
http://www.chemweek.com/regions/middle_east/GPIC-meets-production-and-export-targets-in-first-half_72297.html
July 20, 2015
The historic deal on 14 July in Vienna between six world powers and Iran that limits Iran’s nuclear program in exchange for lifted sanctions on the Islamic republic could unleash...
http://www.chemweek.com/regions/middle_east/Irans-petchems-sector-could-be-flooded-with-foreign-investment-as-sanctions-are-lifted_72296.html
July 20, 2015
National Petrochemical Co. (Petrochem; Riyadh) reports a 197% increase in second-quarter net profit, to 305.4 million Saudi riyals ($81.4 million). Operating profit was 55% higher, at...
http://www.chemweek.com/regions/middle_east/Petrochem-Advanced-report-higher-profits-Yansabs-profits-decline_72302.html
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