IHS Chemical Week

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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
Latest news
from the Second Supply Chain ConferenceThe 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
December 15, 2009
Kuwait’s Petrochemical Industries Company (PIC) says that negotiations with Dow Chemical to settle the K-Dow dispute are still ongoing, and that the failure of the K-Dow venture...
http://www.chemweek.com/regions/middle_east/kuwait/Maha-Mulla-Hussain-Dow-PIC-Relations-Unaffected-by-K-Dow-Dispute_23512.html
November 16, 2009
Investcorp (Manama), an asset management firm specializing in alternative invstments, says that its Gulf Opportunity Fund will acquire a 20% stake in Gulf Cryo (Safat, Kuwait), the al...
http://www.chemweek.com/regions/middle_east/kuwait/Investcorp-to-Acquire-Stake-in-Leading-Mideast-Industrial-Gases-Company_22818.html
October 14, 2009
DUBAI, UAE, October 6 /PRNewswire/ -- Key petrochemical and chemical industry leaders and experts will discuss a wide range of global and regional issues and challenges at the Fourth...
http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Forum-to-Focus-on-Achieving-Sustainable-Growth-Beyond-Global-Crisis_21916.html
October 14, 2009
The planned doubling of petrochemicals production in the Mideast by 53.4 million m.t./year, to 97.9 million m.t./year by 2015 makes a strong supply chain critical for the region's...
http://www.chemweek.com/regions/middle_east/kuwait/GPCA-Supply-Chain-Forum-Safety-Standards-Come-Under-Scrutiny_22025.html
September 28, 2009
Markus Wildi, former president of Dow Europe, has been named to the newly created role of v.p./corporate development in Kuwait....
http://www.chemweek.com/regions/middle_east/kuwait/Dow-Appoints-Head-of-Kuwait-Operations_21515.html
September 17, 2009
Equate Petrochemical Co. has announced the beginning of commerial operation at The Kuwait Styrene Co.'s (TKSC) new ethyl benzene-styrene production plant at Shuaiba, Kuwait. The...
http://www.chemweek.com/regions/middle_east/kuwait/Equate-Commissions-Styrene-Complex-in-Kuwait_20824.html
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