IHS Chemical Week

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February 21, 2012
Jam Petrochemical is in the process of starting up its butene-1 manufacturing facility at Assaluyeh, Iran, local reports say. The facility, which required an investment of $85 million...
http://www.chemweek.com/regions/middle_east/Iran-Readies-Butene-1-Unit-Feedstock-Shortages-to-Ease_41496.html
February 20, 2012
Petro Rabigh, a petrochemicals joint venture between Saudi Aramco and Sumitomo Chemical, is likely to delay plans for a previously announced project to double capacity and diversify...
http://www.chemweek.com/regions/middle_east/Petro-Rabigh-Expansion-Likely-to-be-Put-on-Hold_41490.html
February 14, 2012
Saudi Arabia's Royal Commission for Jubail and Yanbu says it has authorized previously announced chemical expansion projects totaling SR21.2 billion ($5.6 billion) at Jubail. The deals...
http://www.chemweek.com/regions/middle_east/Saudi-Arabia-Approves-$5-6-Billion-Expansion-Projects-at-Jubail_41339.html
February 13, 2012
Qatar Petroleum (QP; Doha) and Qatar Petrochemical Co (Qapco; Doha) have reached agreement to build an integrated petrochemical complex in Ras Laffan, Qatar....
http://www.chemweek.com/regions/middle_east/qatar/QP-and-Qapco-to-Build-Petrochemical-Complex-at-Ras-Laffan_41304.html
February 13, 2012
Foster Wheeler says it has been awarded an engineering, procurement, and construction management contract for a propylene oxide (PO) plant that will form part of the $20-billion Sadara...
http://www.chemweek.com/regions/middle_east/Foster-Wheeler-Awarded-Contract-for-Sadara-PO-Plant_41295.html
February 12, 2012
Saudi Kayan, a Sabic affiliate, said on Saturday that it made a net loss of SR250.25 million ($66.73 million) in 2011 compared with a net loss of SR14.61 million in 2010. The...
http://www.chemweek.com/regions/middle_east/Saudi-Kayan-Reports-Increase-in-Net-Loss_41294.html
February 5, 2012
Saudi Arabian Mining Company (Ma’aden) has announces the start of commercial operation at its diammonium phosphate (DAP) plant. The plant is operated by Ma’aden Phosphate...
http://www.chemweek.com/regions/middle_east/Saudi-Arabia-Starts-Up-Huge-DAP-Complex_41019.html
February 5, 2012
Sahara Petrochemicals said Sunday that its affiliate, Saudi Acrylic Monomers Company (Samco) signed a SR 600 million ($160 million) loan agreement with Saudi Industrial Development...
http://www.chemweek.com/regions/middle_east/Saudi-Acrylics-Co-Signs-Loan-Agreement-for-Jubail-Project_41017.html
January 30, 2012
Advanced biofuels are set to become an important factor in the global economy and could replace more than 50% of the world's gasoline demand in 2030, according to a report by Bloomberg...
http://www.chemweek.com/regions/middle_east/Novozymes-Biofuels-Could-Replace-more-than-50-percent-Gasoline-Demand-by-2030_40905.html
January 23, 2012
Qatar Petrochemical Co. (Qapco; Doha) says it has opened a new representative office at Cape Town, South Africa. The establishment of this office “will ultimately be a nuclease...
http://www.chemweek.com/regions/middle_east/qatar/Qapco-Opens-Office-in-South-Africa_40683.html
January 19, 2012
Kuwait’s previously announced Olefins III project is expected to be completed by end 2016, Maha Mulla Hussain, chairperson of Petrochemical Industries Co. (PIC) told CW recently...
http://www.chemweek.com/regions/middle_east/Kuwait-Details-Olefins-III-Mohammad-Hussain-to-Succeed-Al-Terkait-at-Equate_40582.html
January 18, 2012
Sabic reported a 10% drop in net profit in the fourth quarter of 2011 to SR5.24 billion ($1.4 billion) on 15% higher sales at SR47 billion. Speaking at a press conference on Tuesday...
http://www.chemweek.com/regions/middle_east/Sabic-Reports-Lower-Fourth-Quarter-Profits-Says-2013-Should-Be-Better_40543.html
January 17, 2012
ICL says that its president and CEO Akiva Mozes has notified the company of his intention to retire. Mozes has not yet set the date of his retirement, and intends to continue serving as CEO until the board names a successor....
http://www.chemweek.com/regions/middle_east/ICL-CEO-Announces-Plans-to-Retire_40328.html
January 17, 2012
YanSab, Saudi Kayan, both Sabic affiliates, Sahara Petrochemicals, Sipchem, and Ma’aden reported fourth quarter 2011 results, mostly down on the year-earlier period. YanSab...
http://www.chemweek.com/regions/middle_east/Saudi-Firms-Report-Mixed-Fourth-Quarter-Results_40526.html
January 17, 2012
Makhteshim Agan (Tel-Aviv) says it has completed a public tender for the purchase of the company's Series B and D debentures, and announced the results of the debt financing. The...
http://www.chemweek.com/regions/middle_east/Makhteshim-Agan-Completes-Debt-Financing-of-$281-Million_40521.html
January 17, 2012
Sinopec says it has signed a joint venture agreement with Saudi Aramco on January 15, for the previously announced refinery at Yanbu, Saudi Arabia. The jv has been named Yanbu Aramco...
http://www.chemweek.com/regions/middle_east/Saudi-Aramco-and-Sinopec-Sign-Yasref-Refinery-Deal-Update_40451.html
January 16, 2012
Sabic says that it has signed a protocol of cooperation with Sinopec to explore new business opportunities and to confirm their commitment to earlier agreements. The cooperation...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-and-Sinopec-to-Explore-New-Business-Opportunities-and-Joint-Ventures_40456.html
January 11, 2012
IDEA Soda Ash and Calcium Chloride (ISACC; Al Khobar, Saudi Arabia) has awarded a contract to Jacobs Engineering to provide engineering, procurement, and construction; and project...
http://www.chemweek.com/regions/middle_east/Jacobs-Awarded-Contract-for-Soda-Ash-Calcium-Chloride-Project-in-Saudi-Arabia_40383.html
January 10, 2012
Momentive Specialty Chemicals (Columbus, OH) has announced an increase in prices of the epoxy resin products in the regions of Europe, Mideast, and Africa (EMEA) by €130/m.t...
http://www.chemweek.com/regions/middle_east/Momentive-Increases-Prices-of-Epoxy-Resins-in-the-EMEA-Region_40353.html
January 10, 2012
Global demand for enzymes is expected to rise by 6.8%/year to $8 billion in 2015. The increase in demand for enzymes reflects a continued rebound in the world economy. Most markets are...
http://www.chemweek.com/regions/middle_east/Economic-Recovery-Increases-World-Enzyme-Demand_40349.html
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