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March 24, 2014
JGC (Yokohama) said today that it, together with partners GS Engineering & Construction (Seoul) and SK Engineering & Construction (Seoul), has received an award...
http://www.chemweek.com/regions/middle_east/kuwait/JGC-consortium-awarded-large-order-for-clean-fuels-project-in-Kuwait_59785.html
March 2, 2014
The Kuwait Styrene Co., (TKSC) today reported a net profit of $180 million for the fiscal year ending 31 December 2013. “Despite several challenges, these profits exceeded the...
http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Styrene-reports-record-sales-and-profit-on-higher-demand_59249.html
March 1, 2014
Equate Petrochemical Co. (Equate; Kuwait City), a joint venture between Petrochemical Industries Co., Dow and the local Boubyan Petrochemical Co., and Qurain Petrochemical Industries...
http://www.chemweek.com/regions/middle_east/kuwait/Equate-reports-record-results-aims-to-become-more-global_59248.html
February 18, 2014
Fluor has announced that Kuwait National Petroleum Company (KNPC; Kuwait City) has selected Fluor's joint venture team as the preferred bidder to design, construct, and commission the...
http://www.chemweek.com/regions/middle_east/kuwait/Fluor-consortium-wins-clean-fuels-project-to-expand-refineries-in-Kuwait_58864.html
February 12, 2014
Samsung Engineering announced today that it has received an award notification from Kuwait National Petroleum Co. for a $3.8-billion Mina Abdullah I refinery clean fuels project (CFP)...
http://www.chemweek.com/regions/middle_east/kuwait/Samsung-consortium-to-build-Kuwaits-Clean-Fuel-Project_58760.html
February 2, 2014
The GCC petrochemical industry is set to record an increase in exports in 2014 due to the World Trade Organization’s (WTO) Bali Package, the Gulf Petrochemicals & Chemicals...
http://www.chemweek.com/regions/middle_east/kuwait/GCC-petrochemicals-set-for-export-surge-GPCA-says_58493.html
December 18, 2013
Technip announced today that it has been awarded a contract by Kuwait Oil Co. (Kuwait City) worth more than $400 million for consultancy services, project management, and engineering...
http://www.chemweek.com/regions/middle_east/kuwait/Technip-awarded-consultancy-services-contract-in-Kuwait_57471.html
November 21, 2013
At today’s Gulf Petrochemical and Chemical Association’s (GPCA; Dubai) forum in Dubai delegates were informed about the expected rise in capacity in the GCC states in the...
http://www.chemweek.com/regions/middle_east/kuwait/GPCA-GCC-chemical-capacity-to-rise-margins-likely-to-be-squeezed_56845.html
November 20, 2013
The Gulf Petrochemical and Chemical Association (GPCA; Dubai) devoted the first day of its annual forum to the subjects of innovation and shortage of feedstocks in the GCC states...
http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Innovation-feedstocks-and-rising-competition-dominate-first-day_56821.html
November 19, 2013
The Gulf Petrochemical and Chemical Association’s (GPCA; Dubai) annual forum, attended by more than 1,800 delegates, kicked off in Dubai today with networking and an industry...
http://www.chemweek.com/regions/middle_east/kuwait/GPCA-2013-Mideast-in-a-period-of-transition_56791.html
October 18, 2013
Equate (Safat, Kuwait), a joint venture among Petrochemical Industries Co. (PIC), Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, has completed a feasibility...
http://www.chemweek.com/regions/middle_east/kuwait/Equate-presents-expansion-plans-to-board-Olefins-III-project-makes-progress_56026.html
October 8, 2013
Foster Wheeler announced today that it has been awarded a contract by Petrochemical Industries Co. (PIC; Kuwait City) for a prefeasibility study and a market report for a proposed...
http://www.chemweek.com/regions/middle_east/kuwait/Foster-Wheeler-awarded-prefeasibility-study-for-aromatics-plant-in-Kuwait_55740.html
October 8, 2013
Fertilizer capacity in the Gulf Cooperation Council (GCC) states, which include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, will rise by 47% in the next...
http://www.chemweek.com/regions/middle_east/kuwait/GCC-fertilizer-capacity-to-rise-by-close-to-50-percent-in-next-five-years_55738.html
August 28, 2013
Fertilizer capacity in the Middle East is expected to grow to 50.4 million m.t./year by 2016 compared with 31.4 million m.t./year in 2012, a more than 60% increase, according to the...
http://www.chemweek.com/regions/middle_east/kuwait/Mideast-fertilizer-industry-will-be-impacted-by-North-American-shale-gas-GPCA-says_54783.html
June 18, 2013
Petrochemicals capacity in the Gulf Cooperation Council (GCC) region, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, increased by 5.5% in...
http://www.chemweek.com/regions/middle_east/kuwait/Petchems-capacity-in-GCC-region-set-to-rise-by-7-percentyear_52890.html
May 28, 2013
Asaad Al Saad new managing director of PIC. Kuwaiti oil minister Hani Hussein resigned on Sunday over the $2.2 billion penalty payment to Dow Chemical earlier this month. He stepped...
http://www.chemweek.com/regions/middle_east/kuwait/Kuwaiti-oil-minister-resigns-following-K-Dow-payment-Maha-Mulla-Hussain-replaced-at-PIC_52310.html
May 24, 2013
Dow Chemical today announced plans to use up to $2 billion of its $2.2 billion payout from Petrochemical Industries of Kuwait (PIC) over the K-Dow joint venture termination to pay down...
http://www.chemweek.com/regions/middle_east/kuwait/Dow-to-use-K-Dow-award-for-debt-repayment_52292.html
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
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