IHS Chemical Week

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November 5, 2014
The Arab Potash Co. (Amman) reports flat net income in the third quarter of 2014 at 26.5 million Jordanian dinars ($37.4 million). Net income in the first nine months of this year was...
http://www.chemweek.com/regions/middle_east/Arab-Potash-reports-flat-income-on-lower-prices-set-to-reduce-energy-costs_65135.html
November 4, 2014
AkzoNobel says it has started operations at its previously announced new powder coatings plant at Dubai. The facility will significantly increase capacity for the company’s...
http://www.chemweek.com/regions/middle_east/AkzoNobel-starts-up-powder-coatings-facility-in-Dubai_65093.html
November 3, 2014
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies...
http://www.chemweek.com/regions/middle_east/Sipchem-takes-large-methanol-complex-off-line-for-maintenance_65045.html
October 29, 2014
Alujain Corp. reported a 39% drop in net third-quarter profit to 34.85 million Saudi riyals ($9.3 million) compared with the year-earlier quarter citing an insurance payment to...
http://www.chemweek.com/regions/middle_east/Alujains-net-profit-declines_64903.html
October 29, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says that Avi Doitchman, executive v.p., CFO, and strategy, will retire from his position. The retirement date is yet to be determined. Doitchman...
http://www.chemweek.com/regions/middle_east/Israel-Chemicals-CFO-to-retire_64883.html
October 28, 2014
The National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia) announced on 27 October that it has entered into an agreement to acquire the titanium dioxide (TiO2) assets of Jiangxi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-subsidiary-Cristal-to-acquire-titanium-dioxide-assets-in-China_64840.html
October 27, 2014
Qatar Fertilizer Co. (Qafco; Doha), the world’s largest single site producer of ammonia and urea, has signed a contract with the engineering and technology company NIIK (Moscow)...
http://www.chemweek.com/regions/middle_east/Qafco-to-enter-niche-urea-market-with-novel-plant_64809.html
October 27, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) and Kurita Water Industries (Tokyo), Japan's leading water treatment company, say that they have entered into an asset purchase agreement under...
http://www.chemweek.com/regions/middle_east/Japanese-firm-Kurita-to-acquire-ICLs-aluminum-paper-chemicals-and-water-treatment-businesses-for-&euro250-million_64802.html
October 27, 2014
National Industrialization Co. (Tasnee) today reported an increase in third-quarter net profit but a decline in operating result citing provision for a legal case for one of its...
http://www.chemweek.com/regions/middle_east/More-Saudi-firms-announce-interim-results_64812.html
October 26, 2014
Sabic's third-quarter net income was down 4.5% to 6.18 billion Saudi riyals ($1.65 billion) with operating profit down 7.6% to SR10.41 billion, the company said on Sunday. Net profit...
http://www.chemweek.com/regions/middle_east/Sabics-third-quarter-profits-slide-on-lower-volumes-and-slowing-global-economy_64800.html
October 23, 2014
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, has announced a major increase in profits for the third quarter and...
http://www.chemweek.com/regions/middle_east/Petro-Rabigh-raises-profits_64700.html
October 23, 2014
Mesaieed Petrochemical Holding Co. (MPHC; Doha), a listed subsidiary of Qatar Petroleum and one of the leading diversified petrochemical conglomerates, reported a 1.38 billion Qatari...
http://www.chemweek.com/regions/middle_east/Mesaieed-Petrochemical-Holding-discloses-interim-financial-statement_64642.html
October 23, 2014
Sipchem today reported a 13% decrease in third-quarter net profit to 160.6 million Saudi riyals ($42.8 million) and a 15% drop in operating profit to SR270.0 million. Sales were not...
http://www.chemweek.com/regions/middle_east/Sipchems-third-quarter-profits-slide_64638.html
October 23, 2014
Sabic confirmed today that a project announced in November 2012 to build a styrene monomer, propylene oxide and polyols complex by Saudi Petrochemical Co. (Sadaf), a joint venture with...
http://www.chemweek.com/regions/middle_east/Sabic-confirms-cancelation-of-Sadaf-POSM-polyols-project_64693.html
October 22, 2014
A. Schulman announced today that it is cutting 40 jobs in Europe, the Middle East, and Africa (EMEA), mostly in back office and support functions, as part of a restructuring to...
http://www.chemweek.com/regions/middle_east/Schulman-to-cut-support-functions-in-EMEA-restructuring_64678.html
October 21, 2014
Israel Chemicals (ICL, Tel Aviv) says that the final report of the Sheshinski Committee, presented to the Finance Ministry yesterday, will not cause it to reconsider its decision to...
http://www.chemweek.com/regions/middle_east/ICL-to-cut-investments-close-plants-as-final-Sheshinski-report-would-impose-the-worlds-highest-tax_64640.html
October 21, 2014
Saudi Kayan, a Sabic affiliate, today reported a 54.6% rise in third-quarter net profit to 66.91 million Saudi riyals ($17.8 million) compared with the year-earlier quarter. Operating...
http://www.chemweek.com/regions/middle_east/Saudi-firms-report-mixed-results_64604.html
October 20, 2014
Industries Qatar (IQ; Doha), which holds interest in petrochemicals, fertilizers and steel producing companies in Qatar, today reported improved third-quarter and nine-months results...
http://www.chemweek.com/regions/middle_east/Industries-Qatar-reports-improved-results-studies-new-petchem-complex_64601.html
October 13, 2014
A wholly owned subsidiary of Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) headquartered at The Hague has announced 10 new marketing offices...
http://www.chemweek.com/regions/middle_east/Muntajat-subsidiary-opens-10-new-marketing-offices_64469.html
October 10, 2014
Nuberg Engineering (Noida, India) says it has been awarded a $15-million chlor-alkali engineering, procurement, and construction (EPC) contract by salt company Al Ghaith Industries...
http://www.chemweek.com/regions/middle_east/Indian-firm-awarded-EPC-contract-for-Abu-Dhabi-chlor-alkali-expansion_64457.html
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