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Archives :: Regions :: Middle East :: Kuwait
Displaying 1 - 20 of 73 stories.
May 17, 2013
Senior officials of Petrochemical Industries Co. (PIC; Kuwait City, Kuwait), a subsidiary of Kuwait Petroleum Corp. (Kuwait City), are to be suspended pending an inquiry into the...http://www.chemweek.com/regions/middle_east/kuwait/Report-Kuwaiti-cabinet-suspends-PIC-officials-pending-K-Dow-investigation_52130.html May 7, 2013
The final resolution has been completed in the K-Dow arbitration between Dow Chemical and the Petrochemical Industries Company (PIC; Kuwait City, Kuwait), with Dow confirming today...http://www.chemweek.com/regions/middle_east/kuwait/Dow-awarded-final-$2-2-billion-payment-in-K-Dow-arbitration_51816.html May 7, 2013
Kuwait’s previously announced Olefins III project is expected to require an investment of $8–9 billion, according to a report from state news agency Kuna. Preparations for...http://www.chemweek.com/regions/middle_east/kuwait/Report-Kuwaits-Olefins-III-project-estimated-to-cost-$8-9-billion_51809.html April 23, 2013
Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year...http://www.chemweek.com/regions/middle_east/kuwait/GCC-petchems-capacity-to-rise-by-50-percent-by-2020_51360.html April 17, 2013
Equate has signed a agreement with Gulf Cryo (Dubai) for Kuwait’s second carbon dioxide (CO2) recovery project. Gulf Cryo will obtain CO2 from Equate’s Al...http://www.chemweek.com/regions/middle_east/kuwait/Equate-selects-Gulf-Cryo-for-CO2-recovery-project_51225.html March 4, 2013
The International Court of Arbitration of the International Chamber of Commerce (ICC) today released the final award amount, representing interest and costs, in the arbitration case...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-ordered-to-pay-Dow-close-to-$2-5-billion-in-K-Dow-arbitration-case_50222.html February 8, 2013
Kuwait Styrene Co. (TKSC; Al Shuʿaybah, Kuwait), the country’s only producer of styrene monomer, reported a $59-million net profit in 2012. Sales exceeded $667 million...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Styrene-reports-2012-sales-and-earnings_49713.html February 7, 2013
Equate (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, today reported a 3% rise in 2012 net...http://www.chemweek.com/regions/middle_east/kuwait/Equate-reports-higher-sales-and-earnings-eyes-opportunities_49631.html November 29, 2012
Day three of this year’s Gulf Petrochemicals and Chemicals Association (GPCA) forum in Dubai included presentations on sustainability, refocusing business models to meet new...http://www.chemweek.com/regions/middle_east/kuwait/GPCA-day-3-Scarce-gas-supplies-putting-pressure-on-Mideast-petchem-producers_48015.html November 28, 2012
The 7th annual Gulf Petrochemicals and Chemicals Association (GPCA) forum, which began on Monday, is focusing on the state of the industry and the challenges that lie ahead. The event...http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Integration-across-the-value-chain-is-key-to-leveraging-gas-resources_47967.html November 5, 2012
Equate announced today that it has restarted its 550,000-m.t./year ethylene glycol unit at Al Shuʿaybah, Kuwait. “The unit was successfully restarted after being...http://www.chemweek.com/regions/middle_east/kuwait/Equate-restarts-ethylene-glycol-plant-following-July-fire_47445.html August 29, 2012
Equate says the re-start of its ethylene glycol (EG) plant, which was shut down for repairs on August 2, 2012, following a fire in July, will be delayed by approximately two months...http://www.chemweek.com/regions/middle_east/kuwait/Equate-Delays-Restart-of-Ethylene-Glycol-Plant_45879.html August 2, 2012
Equate Petrochemical Co., said today that it has shutdown one of its ethylene glycol units with a total capacity of 550,000 m.t./year. “The shutdown will be for approximately six...http://www.chemweek.com/regions/middle_east/kuwait/Equate-Shuts-Down-Ethylene-Glycol-Plant-for-Six-Weeks-Following-a-Fire_45349.html June 20, 2012
Petrochemical production capacity in the Gulf Cooperation Council (GCC) states grew by 13.5% last year, the Gulf Petrochemicals and Chemicals Association (GPCA) says. Production rose...http://www.chemweek.com/regions/middle_east/kuwait/GCC-Petrochemicals-Production-Capacity-Grows-13-5-percent_44322.html June 19, 2012
The Kuwaiti government on Monday approved the line-up of a committee, proposed by the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, to investigate the repercussions of a...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Forms-Panel-to-Investigate-Dispute-with-Dow-Chemical_44287.html May 29, 2012
The Kuwaiti government launched a probe yesterday into the recent ruling by an international arbitration court that ordered Kuwait to pay $2.16 billion in compensation to Dow Chemical...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Launches-Probe-into-Big-K-Dow-Fine-Politicians-in-Dispute_43768.html May 29, 2012
The Kuwaiti government held an extraordinary meeting with members of the country's supreme petroleum council yesterday to discuss the recent court ruling that awarded $2.16 billion in...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Seeks-to-Reduce-Fine-Imposed-for-Pulling-Out-of-K-Dow-Venture_43759.html May 24, 2012
The International Court of Arbitration of the International Chamber of Commerce has awarded Dow $2.16 billion in damages in an arbitration case between Dow and Petrochemical Industries Co. of Kuwait (PIC) relating to the collapse of the K-Dow joint venture in late 2008....http://www.chemweek.com/regions/middle_east/kuwait/Dow-Chemical-Wins-$2-16-Billion-Award-in-K-Dow-Arbitration_43719.html May 24, 2012
Dow Chemical says it will pursue legal action against Kuwait’s Petrochemical Industries Company (PIC) after Kuwait’s decision last month to pull out of the $17.4-billion...http://www.chemweek.com/regions/middle_east/kuwait/Dow-Ready-to-Pursue-Legal-Action-Against-Kuwait-Seeks-Alternative-JV-Partners_16178.html March 1, 2012
Equate (Sefat, Kuwait), a joint venture in which Petrochemical Industries Co. (PIC) and Dow Chemical each hold 42.5%, Boubyan Petrochemical Co. 9% and Qurain Petrochemical Industries...http://www.chemweek.com/regions/middle_east/kuwait/Equate-Reports-Big-Increase-in-Profits-Confirms-Husain-as-New-CEO_41704.html |
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