IHS Chemical Week

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February 17, 2014
Industries Qatar (IQ; Doha), a producer of petrochemicals, fertilizers and steel, reported a 5.1% drop in net profit to 8 billion Qatari riyal ($2.2 billion) for full-year 2013. Ebitda...
http://www.chemweek.com/regions/middle_east/Industries-Qatar-reports-lower-earnings-and-revenues-petchem-project-due-online-end-2018_58856.html
February 14, 2014
M&A activity in the chemical sector during 2013 was to a large extent driven by shareholder activism and investments by hedge funds, which pushed many chemical companies to...
http://www.chemweek.com/regions/middle_east/Deloitte-Farm-chemicals-health-care-and-biobased-products-to-drive-M-and-A-activity-in-2014_58828.html
February 13, 2014
Saudi Kayan, an affiliate of Sabic, has reported a 55% lower net loss in 2013 compared with the year earlier. Net loss in 2013 reached 346.4 million Saudi riyals ($92.4 million)...
http://www.chemweek.com/regions/middle_east/Saudi-Kayan-narrows-losses-in-2013_58804.html
February 12, 2014
Saudi Arabian Mining Co. (Ma’aden) says that its subsidiary Ma’aden Phosphate Co. (MPC) will carry out a scheduled maintenance shut down in the ammonia plant located at Ras...
http://www.chemweek.com/regions/middle_east/Maaden-shuts-ammonia-plant-for-four-week-maintenance_58766.html
February 12, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) reports a 42.7% fall in net profits for the fourth quarter, ended 31 December 2013, compared with the year-ago period, to $119 million...
http://www.chemweek.com/regions/middle_east/ICL-reports-fall-in-profits_58761.html
February 12, 2014
Samsung Engineering announced today that it has received an award notification from Kuwait National Petroleum Co. for a $3.8-billion Mina Abdullah I refinery clean fuels project (CFP)...
http://www.chemweek.com/regions/middle_east/Samsung-consortium-to-build-Kuwaits-Clean-Fuel-Project_58760.html
February 11, 2014
RSA-Talke, a chemical logistics joint venture between RSA Logistics (Dubai) and Talke Group (Hürth, Germany), has officially opened its previously announced packed goods storage...
http://www.chemweek.com/regions/middle_east/Talke-JV-opens-Dubai-storage-facility_58747.html
February 9, 2014
Octal Petrochemicals, a major producer of polyethylene terephthalate (PET) bottle resin at Salalah, Oman, has announced plans to set up a $20-million project in Saudi Arabia to...
http://www.chemweek.com/regions/middle_east/Octal-to-invest-in-downstream-facility-in-Saudi-Arabia_58688.html
February 7, 2014
The active pharmaceutical ingredient (API) business of Teva Pharmaceutical Industries (PetaŠł• Tiqwa, Israel) reports a 19.3% fall in sales in the fourth quarter of 2013, compared with...
http://www.chemweek.com/regions/middle_east/Tevas-API-business-reports-fall-in-sales_58658.html
February 6, 2014
Qatar Intermediate Industries Co. (Alwaseeta; Doha), a subsidiary of Qatar Petroleum, has signed a joint venture agreement with the Qatar Korea LED Consortium (QKLC; Seoul) for the...
http://www.chemweek.com/regions/middle_east/Qatar-and-Korea-form-LED-joint-venture-in-Qatar_58593.html
February 5, 2014
Adama Agricultural Solutions, formerly Makhteshim Agan, a leading global provider of crop protection solutions, today announced that its board of directors has appointed Chen...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Adama-appoints-new-CEO-prepares-for-IPO_58492.html
February 3, 2014
Sahara Petrochemical Co. and Saudi Arabian Mining Co. announced today that they have completed test runs on their chlor-alkali and ethylene dichloride (EDC) complex at Al Jubail. The...
http://www.chemweek.com/regions/middle_east/Sahara-and-Maaden-complete-test-runs-on-chlor-alkali-EDC-complex_58506.html
February 2, 2014
The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s (WTO) Bali Package, the Gulf Petrochemicals & Chemicals...
http://www.chemweek.com/regions/middle_east/GCC-petrochemicals-set-for-export-surge-GPCA-says_58493.html
January 30, 2014
IncBio (Maia, Portugal) has secured an agreement to supply Bio Renewable Energy Factory (Bref; Riyadh) with a 40,000-m.t./year biodiesel plant, IncBio announced today. Bref says it...
http://www.chemweek.com/regions/middle_east/Portuguese-firm-to-supply-biodiesel-plant-in-Saudi-Arabia_58422.html
January 30, 2014
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) said today that it has restarted production at its methanol and carbon monoxide plants at Al Jubail, following...
http://www.chemweek.com/regions/middle_east/Sipchem-restarts-production-of-methanol-after-unscheduled-shutdown_58418.html
January 29, 2014
Qatar Petroleum (QP) and UOP, a Honeywell company, have signed a joint research agreement into process optimization of carbon dioxide (CO2) and sulfur removal from natural gas, the...
http://www.chemweek.com/regions/middle_east/Qatar-Petroleum-and-UOP-sign-natural-gas-research-agreement_58381.html
January 28, 2014
Borouge announced today that it has signed a contract with the Abu Dhabi Petroleum Ports Operating Co. (Irshad), one of Abu Dhabi National Oil Co.’s subsidiaries, to handle...
http://www.chemweek.com/regions/middle_east/Irshad-to-handle-Borouges-port-container-yard-services_58350.html
January 27, 2014
Mesaieed Petrochemical Holding Co. (MPHC; Doha) raised 3.2 billion Qatari rials ($880 million) from its initial public offering on the Qatar stock exchange, according to various media...
http://www.chemweek.com/regions/middle_east/Qatars-Mesaieed-Petrochemical-IPO-fully-subscribed-raises-$880-million_58330.html
January 27, 2014
Makhteshim Agan Industries (MAI), the world’s leading supplier of generic crop protection chemicals, has announced that it will transition to a new global brand, Adama, beginning...
http://www.chemweek.com/regions/middle_east/Makhteshim-Agan-changes-name-to-Adama-Agricultural-Solutions_58323.html
January 23, 2014
The European Union this week lifted a ban on trade in petrochemicals with Iran, as part of a preliminary agreement on Iran's nuclear program that was reached in November 2013. Iran...
http://www.chemweek.com/regions/middle_east/EU-lifts-ban-on-petchem-trade-with-Iran-following-nuclear-deal_58242.html
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