IHS Chemical Week

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May 27, 2014
Saudi Arabian Mining Co., (Ma’aden) said today that it has appointed HSBC Saudi Arabia to act as financial advisor in its proposed rights issue. Ma’aden said on 15 May that...
May 27, 2014
Sabic Industrial Investment Co., a wholly owned Sabic subsidiary; and South Korean petrochemical company SK Global Chemical today signed a 50-50 joint venture agreement to invest $595...
May 20, 2014
Sabic says it is expanding its technology center at Al Jubail. The expansion, which involves an investment of $11 million, will build a new building adjacent to the existing center...
May 19, 2014
Israel’s natural resource firms, notably Israel Chemicals (ICL), could be hit by a 42% windfall profits tax, expected to raise 500 million Israeli shekels ($144.5 million)/year...
May 19, 2014
Sabic says it signed a memorandum of understanding (MOU) on 13 May with the King Abdullah University of Science and Technology (Kaust; Thuwal, Saudi Arabia) to provide funding for...
May 19, 2014
Saudi Aramco said on Sunday that its downstream investments over the next decade would be high to meet global demand and the company’s development strategy. Khalid Al Falih, CEO...
May 19, 2014
Oman is expected to award a contract next year to build an ammonia plant in the Salalah Free Zone. The Takamul Investment Co., the downstream investment arm of Oman Oil, is promoting...
May 19, 2014
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has begun starting up the Borouge 3 gas cracker complex. Abdulaziz Alhajri, CEO of Borouge...
May 16, 2014
Sabic and security and aerospace company Lockheed Martin (Bethesda, MD) have launched a partnership to explore establishing a new joint venture company in Saudi Arabia to develop...
May 15, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) reports a 57% fall in net profits for the first quarter of 2014 compared with the year-ago quarter, to $131 million. First-quarter sales decreased...
May 15, 2014
The board of directors of Saudi Arabian Mining Co. (Ma’aden; Riyadh) is seeking to increase the company’s share capital through a rights issue with a total value of 5.6...
May 15, 2014
The cost of a previously announced project, which aims to significantly expand the capacity of Petro Rabigh (Rabigh, Saudi Arabia) and introduce new products to its portfolio will cost...
May 13, 2014
Accenture, a management consulting firm, and Sadara, a joint venture being developed by Saudi Aramco and Dow Chemical, have signed a multi-year agreement under which Accenture will...
May 13, 2014
Arkema says that its Ceca filtration and adsorption subsidiary has established a joint venture with Watan Industrial Investment (Riyadh) to operate an oilfield chemicals blending plant...
May 13, 2014
Adama Agricultural Solutions (Tel Aviv), the former Makhteshim Agan Industries, says its net income increased 9% in the first quarter, to $99 million, compared with the same period...
May 13, 2014
Sabic said today that it has entered the final stages of preliminary studies to assess the economic viability of building a crude oil-to-petrochemicals manufacturing complex in...
May 12, 2014
Bayer CropScience and Kaiima Bio-Agritech (Moshav Sharona, Israel) have announced a collaboration to develop advanced hybrid rice varieties. The multi-year project combines Bayer's and...
May 12, 2014
The National Petrochemical Co. (NPC; Tehran) says the West Ethylene Pipeline, connecting two ethane crackers at Assaluyeh in the south of Iran with several downstream plants, will be...
May 8, 2014
The first phase of Iran's Ilam petrochemical complex was inaugurated yesterday by Iranian President Hassan Rohani, according to a report from state news agency Irna. The complex, built...
April 30, 2014
Shell today reported a 3% rise in first quarter chemical volume sales, to 4.29 million m.t., compared with the year-earlier period. Sales volumes declined 3% compared with the fourth...
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