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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
September 28, 2012
Ziad bin Sami Al Labban, former CEO of Petro Rabigh, has been named CEO of Sadara, the petrochemical joint venture between Dow Chemical and Saudi Aramco under construction in Jubail...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Al-Labban-Named-CEO-of-Sadara_46570.html
September 26, 2012
JGC Gulf International, a wholly owned subsidiary of JGC, has been awarded a contract for an aromatics complex planned by Sadara Chemical (Sadara), a joint venture between Saudi Aramco...
http://www.chemweek.com/regions/middle_east/Sadara-Awards-Aromatics-Contract-to-JGC-Gulf_46517.html
September 24, 2012
Momentive Specialty Chemicals says it is increasing its prices for base epoxy resin products, effective October 1. Liquid epoxy resins (LER) and solid epoxy resins (SER) in the EMEA...
http://www.chemweek.com/regions/middle_east/Momentive-Increases-Resin-Prices_46459.html
September 17, 2012
Dow Chemical and the Saline Water Conversion Corp. (SWCC; Riyadh, Saudi Arabia) have signed a commercial agreement for research collaboration to test the suitability of desalination...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Dow-Saudi-Saline-Water-Conversion-Sign-Research-Agreement_46303.html
September 17, 2012
The International Council of Chemical Associations (ICCA) says it calls on all stakeholders to take action to strengthen the Strategic Approach to International Chemicals Management...
http://www.chemweek.com/regions/middle_east/ICCA-Calls-for-Stronger-Global-Cooperation-on-Chemicals-Management_46299.html
September 12, 2012
Rabigh Refining and Petrochemical Company (Petro Rabigh; Rabigh, Saudi Arabia) has appointed Abdullah bin Saleh Al Suwailem as new president and CEO, effective September 9, 2012. Petro...
http://www.chemweek.com/regions/middle_east/Petro-Rabigh-Appoints-New-President-and-CEO_46128.html
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