IHS Chemical Week

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November 6, 2012
Qatar Petrochemical Co. (Qapco; Doha) is planning to commission its 2.3-billion Qatari rial ($631.6 million) low-density polyethylene (LDPE) plant at Mesaieed, Qatar, on 20...
http://www.chemweek.com/regions/middle_east/Qapco-to-commission-LDPE-plant-this-month_47479.html
November 5, 2012
Equate announced today that it has restarted its 550,000-m.t./year ethylene glycol unit at Al Shu╩┐aybah, Kuwait. “The unit was successfully restarted after being...
http://www.chemweek.com/regions/middle_east/Equate-restarts-ethylene-glycol-plant-following-July-fire_47445.html
November 2, 2012
The Israeli government says it does not intend to approve plans by Potash Corp of Saskatchewan to acquire Israel Chemicals Ltd. (ICL; Tel Aviv). Israel's ministry of finance...
http://www.chemweek.com/regions/middle_east/Israel-blocks-PotashCorp-bid-to-acquire-ICL_47427.html
October 31, 2012
Potash Corp. of Saskatchewan (PotashCorp) says it "acknowledges" a statement made by Israel Corp. (Tel Aviv) to the Tel Aviv Stock Exchange that PotashCorp has held...
http://www.chemweek.com/regions/middle_east/PotashCorp-confirms-talks-on-possible-acquisition-of-Israel-Chemicals_47373.html
October 30, 2012
Saltic (Salalah, Oman) has appointed Hanwha Engineering & Construction to build a $500-million chlor-alkali and ethylene dichloride (EDC) complex at the Salalah free zone in Oman...
http://www.chemweek.com/regions/middle_east/Saltic-picks-Hanwha-for-chlor-alkali-and-EDC-complex-in-Oman_47347.html
October 25, 2012
Industries Qatar (IQ; Doha) reported a 23% increase in third-quarter net income, to QR2.6 billion ($719 million), well above consensus estimates of QR2.1 billion. Earnings were among...
http://www.chemweek.com/regions/middle_east/Industries-Qatar-beats-analysts-expectations-with-third-quarter-earnings_46976.html
October 24, 2012
Sahara Petrochemicals has given an outline of investments, which benefited from funds it raised from the rights issued on 23 December 2011. The company has until the end of the third...
http://www.chemweek.com/regions/middle_east/Sahara-outlines-spending-using-rights-issue-funds_47185.html
October 23, 2012
Distribution company DKSH (Zurich) says it has entered into a distribution agreement with Tagra (Netanya, Israel), a producer of stabilized active ingredients, covering China, India...
http://www.chemweek.com/regions/middle_east/DKSH-signs-distribution-deal-with-Israeli-pharma-and-personal-care-ingredients-firm_47142.html
October 22, 2012
Saudi Aramco says it has completed the contractor selection process for its previously announced Jazan refinery and terminal complex at Jazan, in the southwest part of Saudi Arabia...
http://www.chemweek.com/regions/middle_east/Aramco-picks-EPC-contractors-for-Jazan-refinery-and-aromatics-complex_47104.html
October 22, 2012
Samsung Engineering announced today that it has been awarded an $871-million lump-sum turnkey contract by Saudi Aramco Lubricating Oil Refining (Luberef) to expand Luberef's...
http://www.chemweek.com/regions/middle_east/Samsung-Engineering-awarded-major-lube-oil-refinery-contract-in-Saudi-Arabia_47101.html
October 19, 2012
Yara International today reported a 27% drop in third-quarter net income after noncontrolling interests, to 2.62 billion Norwegian krone ($463.4 million). Revenue and other income...
http://www.chemweek.com/regions/middle_east/Yara-International-reports-lower-third-quarter-net-income-Qafco-makes-major-contribution_47076.html
October 17, 2012
Air Products and The Arabian Company for Power and Water Development (ACWA Holding; Riyadh, Saudi Arabia) today announced the signing of an agreement to form a joint venture company...
http://www.chemweek.com/regions/middle_east/Air-Products-strengthens-Mideast-presence-with-new-jv-in-Saudi-Arabia_47043.html
October 17, 2012
Tasnee today reported a drop of 42.4% in third-quarter net income, to SR417.3 million ($111.3 million), and a 28% decline compared with the second quarter, when the company reported...
http://www.chemweek.com/regions/middle_east/Tasnee-net-income-slides-on-low-TiO2-demand_47024.html
October 17, 2012
Sabic today posted a 23% decline in third-quarter net profit, citing lower product prices. Net income in the quarter ended 30 September 2012 reached SR6.31 billion ($1.68 billion)...
http://www.chemweek.com/regions/middle_east/Sabic-reports-lower-third-quarter-net-income-CEO-expresses-confidence_47020.html
October 16, 2012
Frutarom Industries (Haifa, Israel) is building a new R&D center and manufacturing plant for flavors and fragrances at Haifa, Israel. The investment is about $30 million, the...
http://www.chemweek.com/regions/middle_east/Frutarom-expands-production-capacity-builds-R-and-D-center-in-Israel_47017.html
October 16, 2012
The European Union (EU) has tightened restrictions on Iranian exports of petrochemicals, as part of a broadening of sanctions against Iran that aims to draw the Iranian government into...
http://www.chemweek.com/regions/middle_east/New-EU-sanctions-target-Irans-petrochemical-exports_47002.html
October 15, 2012
Foster Wheeler said today that is has been awarded an engineering and procurement contract by Sadara Chemical Co. (Sadara) for a packaging center at Jubail Industrial City, Saudi...
http://www.chemweek.com/regions/middle_east/Foster-Wheeler-awarded-Sadara-packaging-center-contract_46977.html
October 15, 2012
The global plastics-demand distribution is shifting to fast-growth emerging economies, and the share of developed regions will continue to shrink, although less rapidly than before...
http://www.chemweek.com/regions/middle_east/Dubai-Plast-Pro-2012-The-changing-face-of-Mideast-chemicals_46974.html
October 14, 2012
Saudi Kayan Petrochemical Company (Kayan; Jubail, Saudi Arabia), a Sabic affiliate, reported increased losses for the third quarter of 2012. The company’s third quarter net loss...
http://www.chemweek.com/regions/middle_east/Kayan-Safco-Sahara-and-Yansab-report-third-quarter-results_46969.html
October 11, 2012
Advanced Petrochemical (Advanced), a producer of polypropylene, reported a 26% drop in third-quarter 2012 profit, to SR100.3 million ($26.7 million), compared with the year-earlier...
http://www.chemweek.com/regions/middle_east/Saudi-Arabian-chemical-producers-report-mixed-third-quarter-results_46877.html
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