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November 16, 2012
The National Petrochemical Company (Petrochem; Riyadh) says it has decided to suspend production at the newly commissioned Saudi Polymers complex for technical reasons. Saudi...
http://www.chemweek.com/regions/middle_east/Saudi-Polymers-suspends-production-at-new-complex-for-technical-reasons_47788.html
November 14, 2012
Vopak and Sabic have agreed jointly to build a tank storage terminal in Saudi Arabia to serve the petrochemical and downstream industries there. The terminal will be constructed at the...
http://www.chemweek.com/regions/middle_east/Vopak-Sabic-to-build-tank-terminal-at-Jubail_47690.html
November 14, 2012
Saudi Aramco says it has opened its Aramco Asia office at Beijing. The new head office at Beijing has two supporting branches at Shanghai and Xiamen, China, the company says “Our...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Aramco-opens-office-in-Beijing_47685.html
November 12, 2012
Sabic and Shell Chemicals have confirmed CW’s exclusive report that they plan to invest in propylene oxide-styrene monomer (POSM) and polyols plants in Saudi Arabia...
http://www.chemweek.com/regions/middle_east/Sabic-and-Shell-plan-POSM-polyols-projects-ponder-petchem-investments-outside-Saudi-Arabia_47628.html
November 9, 2012
The Export-Import Bank (Ex-Im Bank) of the United States (Washington) has agreed to guarantee a J.P. Morgan Chase loan of $35 million to Devco International (Tulsa, OK) for the...
http://www.chemweek.com/regions/middle_east/US-Ex-Im-Bank-approves-loan-guarantee-for-sulfur-complex-in-Iraq_47584.html
November 8, 2012
Iran’s recent decision to ban exports of petrochemicals and polymers was a misunderstanding, according to the country’s top official responsible for the sector...
http://www.chemweek.com/regions/middle_east/Iran-says-export-ban-was-made-without-consultation-ready-to-commission-ethylene-pipeline_47527.html
November 7, 2012
The Iranian government has lifted a ban on exports of certain chemicals and plastics, after including the products in a list, announced last week, of 50 items that are banned for...
http://www.chemweek.com/regions/middle_east/Iran-lifts-export-ban-on-certain-chemicals-and-plastics_47501.html
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
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