IHS Chemical Week

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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
October 10, 2012
Songwon Industrial (Ulsan, Korea) says it has signed an agreement for a previously announced joint venture with Pan Gulf Holdings (Al Khobar, Saudi Arabia) and Polysys Industries (Abu...
http://www.chemweek.com/regions/middle_east/Songwon-to-build-one-pack-systems-jv-plants-in-US-Mideast-distribute-light-stabilizers-for-Italian-firm_46876.html
October 9, 2012
Dow Chemical said on Monday that it has concluded an agreement covering the marketing of most of the output to be produced by Sadara Chemical Company (Sadara), Dow’s joint...
http://www.chemweek.com/regions/middle_east/Dow-concludes-deal-to-market-most-of-Sadaras-output_46814.html
October 4, 2012
Oman Oil Co. (Muscat), a government owned firm, has announced plans to invest $800 million to set up a petrochemical complex at Sohar. The facilities will be designed to produce 1...
http://www.chemweek.com/regions/middle_east/Oman-Oil-studying-large-PTA-and-PET-project-at-the-port-of-Sohar_46700.html
October 3, 2012
Jordan Phosphate Mines Co. (JPMC; Amman) has invited submissions of interest for a contract to operate and maintain the company's new phosphate rock export terminal in the port of...
http://www.chemweek.com/regions/middle_east/JPMC-invites-bids-for-contract-to-operate-Aqaba-phosphate-terminal_46658.html
October 2, 2012
The US Export-Import Bank (Washington) has approved a direct loan worth $5 billion towards Sadara Chemical Co.’s $20 billion petrochemical complex now under construction at...
http://www.chemweek.com/regions/middle_east/Export-Import-Bank-approves-$5-billion-loan-its-biggest-ever-to-Sadara_46636.html
October 1, 2012
Titanium dioxide producer Cristal Global, as of today, has adopted the Cristal name for all its subsidiaries, including for Millennium Inorganic Chemicals, Bemax Resources, and Cristal...
http://www.chemweek.com/regions/middle_east/Cristal-Global-changes-all-subsidiary-names-to-Cristal_46599.html
October 1, 2012
Saudi Polymers has announced the commercial startup of its petrochemical complex at Jubail, Saudi Arabia. Saudi Polymers is owned 65% by National Petrochemical Company (Petrochem...
http://www.chemweek.com/regions/middle_east/Saudi-Polymers-enters-commercial-production-Kayan-begins-trial-runs-at-LDPE-plant_46596.html
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