IHS Chemical Week

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February 8, 2013
Kuwait Styrene Co. (TKSC; Al Shu╩┐aybah, Kuwait), the country’s only producer of styrene monomer, reported a $59-million net profit in 2012. Sales exceeded $667 million...
http://www.chemweek.com/regions/middle_east/Kuwait-Styrene-reports-2012-sales-and-earnings_49713.html
February 7, 2013
Sabic plans to launch four new technology and innovation facilities in 2013, two in Saudi Arabia and one each in India and China, bringing the total number of its research facilities...
http://www.chemweek.com/regions/middle_east/Sabic-to-boost-innovation-with-four-technology-centers-costing-$500-million_49358.html
February 7, 2013
Equate (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, today reported a 3% rise in 2012 net...
http://www.chemweek.com/regions/middle_east/Equate-reports-higher-sales-and-earnings-eyes-opportunities_49631.html
February 6, 2013
Shell Chemicals has made a final investment decision to upgrade its Jurong Island, Singapore, polyols facility, the company announced today. The investment is expected to increase...
http://www.chemweek.com/regions/middle_east/Shell-to-expand-polyols-capacity-in-Singapore_49568.html
January 30, 2013
Univar has announced the opening of a personal-care, and household and industrial cleaning laboratory in Dubai. The new laboratory extends the company's ability to provide expertise...
http://www.chemweek.com/regions/middle_east/Univar-opens-laboratory-in-Dubai_49440.html
January 29, 2013
Qatar Holding (Doha), the country’s sovereign wealth fund, is planning a $5-billion investment in Malaysia’s petrochemical sector, Free Malaysia Today reports. The sum...
http://www.chemweek.com/regions/middle_east/Qatar-to-invest-$5-billion-in-Malaysia-petchem-complex-report-says_49405.html
January 28, 2013
National Petrochemical Co. (NPC; Tehran) will offer shares of Persian Gulf Holding, comprising 15 petrochemical firms, on the Tehran stock exchange, Fars News Agency reported today...
http://www.chemweek.com/regions/middle_east/Irans-NPC-to-offer-Persian-Gulf-Holding-shares-on-stock-exchange-reports-say_49366.html
January 28, 2013
Saudi Arabian Mining Company’s (Ma’aden) subsidiary Ma’aden Phosphate Co. (MPC; Riyadh) will shut down its di-ammonium phosphate (DAP) plant at Ras Al Khair, Saudi...
http://www.chemweek.com/regions/middle_east/Maaden-and-Natpet-close-plants-for-maintenance_49362.html
January 25, 2013
Samsung Total Petrochemicals (STP; Seoul), a joint venture between Samsung and Total, has reinstated a contract to purchase Iranian crude oil after a one-year hiatus, Reuters...
http://www.chemweek.com/regions/middle_east/Samsung-Total-Petrochemicals-strikes-feedstock-deal-with-Iran-report-says_49338.html
January 25, 2013
Sabic says it has expanded its multiyear agreement with the Swiss Federal Institute of Technology (ETH Zürich), under an umbrella agreement signed on 21 January for multiple...
http://www.chemweek.com/regions/middle_east/Sabic-expands-research-deal-with-Swiss-university_49328.html
January 23, 2013
Polyethylene (PE) supply is expected to remain restricted in Asia despite a renewed influx of imports from Iran, owing to planned maintenance shutdowns at PE plants elsewhere in the...
http://www.chemweek.com/regions/middle_east/Mideast-plant-turnarounds-buoy-Asian-PE-prices-despite-renewed-influx-of-Iranian-material_49216.html
January 22, 2013
Additional production of petrochemical feedstock for National Petrochemical Co.'s (NPC; Tehran) Bandar Imam, Iran, petrochemical complex began two weeks ago, Fars News Agency reports...
http://www.chemweek.com/regions/middle_east/Irans-NPC-expands-feedstock-capacity-at-Bandar-Imam-complex-report-says_49188.html
January 21, 2013
Sahara Petrochemicals (Riyadh) has announced its fourth quarter and full year results. The company, a producer of olefins and polyolefins, says fourth quarter net profit reached...
http://www.chemweek.com/regions/middle_east/Sahara-Petrochemicals-reports-increase-in-fourth-quarter-profits_49033.html
January 21, 2013
National Industrialization Co. (Tasnee; Riyadh) reported a 56% drop in fourth-quarter net income to 242 million Saudi riyals ($64.53 million) compared with the year-earlier period...
http://www.chemweek.com/regions/middle_east/Tasnees-net-profit-slides-on-low-TiO2-demand-Alujain-improves-performance_49145.html
January 19, 2013
Sabic today reported an 11% rise in fourth quarter 2012 net income to SR5.83 billion ($1.55 billion) compared with the year-earlier quarter but an 8% slide on the third quarter net...
http://www.chemweek.com/regions/middle_east/Sabic-reports-11-percent-rise-in-fourth-quarter-net-income-but-full-year-result-is-down_49135.html
January 18, 2013
Qatar Petrochemical Co. (Qapco; Doha) has appointed Talke Group (Hürth, Germany) as manager of Qapco's logistics operations for products made at Qapco's new low-density...
http://www.chemweek.com/regions/middle_east/Qapco-appoints-Talke-to-manage-logistics-at-new-polyethylene-plant_49099.html
January 17, 2013
Sabic says it has signed a memorandum of understanding with the King Abdulaziz City for Science and Technology (KACST; Riyadh) to examine the possibility of establishing a cooperative...
http://www.chemweek.com/regions/middle_east/Sabic-KACST-sign-research-deal_49029.html
January 15, 2013
Advanced Petrochemical Co. (Advanced; Al Jubail) and Saudi International Petrochemical Co. (Sipchem; Al Khubar) today announced their fourth-quarter and full year 2012 reults...
http://www.chemweek.com/regions/middle_east/More-Saudi-companies-report-results-Sipchem-shuts-down-two-plants-for-maintenance_48978.html
January 14, 2013
Saudi Arabian Fertilizer Company (Safco; Al Jubail) says its net profit in the fourth quarter reached 1.15 billion Saudi riyals ($305.6 million) compared with SR1.28 billion in...
http://www.chemweek.com/regions/middle_east/Sabic-affiliates-Safco-and-YanSab-report-lower-fourth-quarter-profits-Kayans-losses-mount_48941.html
January 9, 2013
Mitsubishi Chemical has reached an agreement with Shell Chemicals for the licensing of Mitsubishi's oxo-alcohols production technology at the Al-Karaana Petrochemicals complex at...
http://www.chemweek.com/regions/middle_east/Mitsubishi-Chemical-to-license-oxo-alcohol-technology-to-Qatar-Petroleum-Shell-jv_48826.html
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