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Archives :: Regions :: Middle East
Displaying 241 - 260 of 1161 stories.
May 25, 2012
Saudi Aramco and Sumitomo Chemical say that their Petro Rabigh petrochemicals joint venture will go ahead with the previously announced Rabigh II Project at Rabigh, Saudi Arabia...http://www.chemweek.com/regions/middle_east/Sumitomo-Chemical-and-Aramco-Move-Ahead-with-$7-Billion-Rabigh-II-Project_43737.html May 24, 2012
The International Court of Arbitration of the International Chamber of Commerce has awarded Dow $2.16 billion in damages in an arbitration case between Dow and Petrochemical Industries Co. of Kuwait (PIC) relating to the collapse of the K-Dow joint venture in late 2008....http://www.chemweek.com/regions/middle_east/kuwait/Dow-Chemical-Wins-$2-16-Billion-Award-in-K-Dow-Arbitration_43719.html May 24, 2012
Dow Chemical says it will pursue legal action against Kuwait’s Petrochemical Industries Company (PIC) after Kuwait’s decision last month to pull out of the $17.4-billion...http://www.chemweek.com/regions/middle_east/kuwait/Dow-Ready-to-Pursue-Legal-Action-Against-Kuwait-Seeks-Alternative-JV-Partners_16178.html May 23, 2012
Israel Chemicals (ICL; Tel Aviv) says first quarter sales and net profits increased 1.5% and 3.3% to approximately $1.55 billion and $289 million, respectively. This compared...http://www.chemweek.com/regions/middle_east/Israel-Chemicals-Reports-Slight-Increase-in-Sales-and-Net-Profits_43681.html May 23, 2012
Jacobs Engineering says it has been awarded a contract by Saudi Arabian Mining Co. (Ma’aden; Riyadh) to provide a feasibility study/front end engineering design for its...http://www.chemweek.com/regions/middle_east/Jacobs-Awarded-Contract-for-Maadens-Phosphate-Project-in-Saudi-Arabia_43676.html May 21, 2012
Iran’s president Mahmoud Ahmedinejad today attended the official inauguration of the Arvand polyvinyl chloride (PVC) manufacturing complex at Bandar Imam, Iran. The complex...http://www.chemweek.com/regions/middle_east/Iran-Inaugurates-Arvand-PVC-Plant-at-Bandar-Imam_43625.html May 18, 2012
Larsen & Toubro ATCO Saudia, a Larsen & Toubro (L&T) Group joint venture, has secured a large contract from Sadara Chemical, a jv between Saudi Aramco and Dow Chemical. The...http://www.chemweek.com/regions/middle_east/saudi_arabia/L-and-T-Group-Awarded-Procurement-and-Construction-Deal-by-Sadara_43529.html May 17, 2012
Sabic says that its previously announced project to upgrade the Olefins 4 plant at the company's petrochemical production complex at Geleen, the Netherlands will cost €135...http://www.chemweek.com/regions/middle_east/Sabic-to-Invest-&euro135-Million-for-Olefins-Upgrade-in-the-Netherlands_43541.html May 11, 2012
Borealis today reported a close to 20% drop in first quarter net profit to €140 million ($181.5 million) on flat sales of €1.882 billion and said that the expected recovery...http://www.chemweek.com/regions/middle_east/Borealis-Reports-Decline-in-Net-Profit-on-Flat-Sales-Will-Sell-More-Products-from-the-Mideast_43391.html May 10, 2012
Larsen & Toubro ATCO Saudia, a Larsen & Toubro (L&T) Group joint venture, says it has secured a large procurement and construction contract from Sadara Chemical Co....http://www.chemweek.com/regions/middle_east/L-and-T-Group-Awarded-Contract-by-Sadara_43346.html May 1, 2012
Sahara & Ma’aden Petrochemical Co., (Samapco; Riyadh), an equally owned joint venture between Sahara Petrochemicals and Saudi Arabian Mining Co. (Ma’aden), has...http://www.chemweek.com/regions/middle_east/Sahara-and-Maaden-Ink-Loan-Agreement-for-EDC-Caustic-Soda-Project_43142.html April 30, 2012
Foster Wheeler announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Abu Dhabi National Chemicals Company (ChemaWEyaat; Abu...http://www.chemweek.com/regions/middle_east/Abu-Dhabi-Moves-Ahead-with-ChemaWEyaat-Aromatics-Awards-Contract-to-Foster-Wheeler_43114.html April 27, 2012
Uhde India has completed expansion of a linear alkyl benzene (LAB) plant for Farabi Petrochemicals at Jubail, Saudi Arabia. The LAB-2 project went on stream earlier this month...http://www.chemweek.com/regions/middle_east/Farabi-Brings-Onstream-New-LAB-Plant-at-Jubail_43069.html April 27, 2012
BASF today reported a “solid start to 2012” but its first quarter 2012 net profit declined 28.5% to €1.724 billion ($2.28 billion). BASF cites much higher tax rate...http://www.chemweek.com/regions/middle_east/BASF-Reports-Decline-in-Net-Income-on-Higher-Sales-Agchems-and-Oil-and-Gas-Make-Strong-Contributions_43062.html April 20, 2012
Industries Qatar (IQ; Doha), the Mideast’s second largest company by market capitalization behind Sabic, reported a 9.5% drop in net profit in the first quarter of 2012 compared...http://www.chemweek.com/regions/middle_east/Industries-Qatar-Reports-a-Drop-in-Net-Profits-Petchems-the-Main-Profit-Contributor_42866.html April 19, 2012
Saudi International Petrochemical Co. (Sipchem; Al Khobar) says net profits for the first quarter of 2012 increased 25.4%, to SR151.6 million ($40.4 million) compared with SR120.9...http://www.chemweek.com/regions/middle_east/Increased-Production-and-Sales-Volumes-Push-Sipchems-Net-Profits-up_42752.html April 18, 2012
Jacobs Engineering says it has received an engineering, procurement, and construction management (EPCM) services contract from Sabic, to support the upgrade of the Olefins 4 plant at...http://www.chemweek.com/regions/middle_east/Jacobs-Awarded-Contract-for-Sabic-Olefins-Upgrade_42749.html April 18, 2012
Advanced Petrochemical Company (Advanced; Jubail, Saudi Arabia) has reported a major drop in profit in the first quarter of this year compared with the same period of last year and...http://www.chemweek.com/regions/middle_east/Advanced-Reports-Lower-Profits-Citing-Low-Prices-and-High-Feedstock-Costs_42750.html April 18, 2012
Syngenta today reported a 9% increase in sales in the first quarter of 2012 with volumes advancing by 5% and prices contributing 4%. Reported sales were 7% higher at $4.3 billion. The...http://www.chemweek.com/regions/middle_east/Syngentas-Sales-Rise-by-9-percent-Integrated-Strategy-Driving-Performance_42744.html April 17, 2012
Sabic said today that its net income in the first quarter of this year declined 5% but rose significantly against the last quarter of 2011. Net income in the quarter ended March 31...http://www.chemweek.com/regions/middle_east/Sabics-Net-Income-Declines-on-Lower-Prices-and-Higher-Feedstock-Costs_42712.html |
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