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Archives :: Regions :: Middle East :: Kuwait
Displaying 21 - 40 of 76 stories.
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 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/Kuwait-Details-Olefins-III-Mohammad-Hussain-to-Succeed-Al-Terkait-at-Equate_40582.html December 16, 2011
DuPont says it has entered into a strategic research agreement with Rosetta Green (Rehovot, Israel) to identify drought tolerance genes in corn and soybeans. Rosetta Green will use...http://www.chemweek.com/regions/middle_east/kuwait/DuPont-and-Israeli-Firm-Sign-Research-Agreement_39876.html December 15, 2011
Qurain Petrochemical Industries Company (Kuwait City) is planning to build a $1-billion integrated polyethylene terephthalate (PET) resins complex at Jubail, Saudi Arabia. It will be...http://www.chemweek.com/regions/middle_east/kuwait/Qurain-Plans-$1-Billion-PTA-and-PET-Complex-in-Saudi-Arabia_39823.html December 12, 2011
Equate Petrochemical (Safat, Kuwait) is actively seeking acquisitions outside the Middle East and may be close to a deal before the end of the year, company officials say. "Our strategy is to look for M&A opportunities in the line of our existing products," says Hamad Al-Terkait, Equate CEO....http://www.chemweek.com/regions/middle_east/kuwait/Equate-Petrochemical-Seeks-Acquisitions_39713.html November 23, 2011
Sinopec says that a groundbreaking ceremony was held on November 18 for the previously announced Sino-Kuwait Guangdong Integrated Refinery & Petrochemical JV Project, a joint...http://www.chemweek.com/regions/middle_east/kuwait/Construction-Begins-on-Sinopec-Kuwait-Petrochemical-Project_39257.html November 11, 2011
Kuwait Petroleum Corporation (KPC; Kuwait City) is expected to go ahead with the country’s long-planned third olefins project. Mohammed Al Busairi, Kuwait Oil Minister and...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Set-to-Build-Third-Olefins-Plant_38875.html June 28, 2011
Kuwait has approved the construction of a new oil refinery with an estimated cost of $14.5 billion. The Al Zour refinery project, a revival of plans scrapped in March 2009, could...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Okays-Al-Zour-Refinery-Project_35820.html March 14, 2011
The Kuwait Styrene Co. (TKSC), a joint venture between Kuwait Aromatics Co. and Dow Chemical, has announced an $81 million net profit for the fiscal year ending December 31, 2010...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Styrene-Makes-Profit-on-the-Back-of-Rising-Petrochemical-Prices_33428.html March 1, 2011
Israel Chemicals Ltd. (ICL; Tel Aviv) says that on February 28, 2011, it completed the previously announced acquisition of Scotts Miracle-Gro’s (Marysville, OH) Global...http://www.chemweek.com/regions/middle_east/kuwait/Israel-Chemicals-Completes-Acquisition-of-Scotts-Miracle-Gros-Specialty-Fertilizer-Unit_33154.html February 7, 2011
Equate Petrochemical Co. (Kuwait City) has announced net profit of $800 million for the fiscal year ending December 31st 2010, an increase of 73% over 2009. The company, a joint...http://www.chemweek.com/regions/middle_east/kuwait/Equates-Net-Profit-Soars-KPPC-Makes-First-Shipment-of-Aromatics_32660.html October 25, 2010
 The Mideast is facing several challenges as its share of global petrochemicals exports rises, says Hamad Al-Terkait, president and CEO of Equate (Kuwait City), a joint venture between Petrochemical Industries Co. (PIC), Dow Chemical, Boubyan Petrochemical Co....http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Supply-Chain-Conference-Mideast-Faces-Challenges-as-Its-Market-Share-Rises_30409.html October 11, 2010
Kuwait Aromatics Co. (Karo) is studying plans to develop a project downstream from the company’s recently completed para -xylene plant at Shuaiba, Kuwait. Karo is a joint venture...http://www.chemweek.com/regions/middle_east/kuwait/Kuwait-Studies-PTA-and-PET-Investment-plans_29991.html August 30, 2010
Praxair says it has agreed to acquire a 49% stake in ROC Group's industrial gases businesses in the Mideast. Those assets, which will operate as a joint venture based in Kuwait City...http://www.chemweek.com/regions/middle_east/kuwait/Praxair-Forms-Mideast-Joint-Venture_29101.html July 6, 2010
The U.K. media is continuing to speculate on the future of BP, following the oil spill in the Gulf of Mexico. The Times newspaper reports today that the UK government is drawing up...http://www.chemweek.com/regions/middle_east/kuwait/BPs-Woes-Mount_27839.html June 16, 2010
The burgeoning plastics industry in the Mideast's Gulf Cooperation Council (GCC) region faces its own set of challenges, speakers and delegates at the first annual Gulf Petrochemicals...http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Plastics-Summit-Industry-Expansion-Creates-a-New-Set-of-Challenges_27470.html March 15, 2010
Ineos is in preliminary discussions about the possibility of bringing in joint venture partners for, or selling, some of the company's assets, U.K. press reports say. The reports...http://www.chemweek.com/regions/middle_east/kuwait/Ineos-in-Preliminary-Partnership-Discussions-with-Mideast-Investors_25396.html January 17, 2010
Dow Chemical and its Kuwaiti partner have set a date for a London arbitration hearing, according to a report in the Middle East Economic Digest. Dow is seeking more than $2.5 billion...http://www.chemweek.com/regions/middle_east/kuwait/Dow-Chemical-and-PIC-Set-for-Arbitration-Hearing_24116.html |
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