IHS Chemical Week

Archives :: Regions :: Middle East :: Saudi Arabia

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December 19, 2014
Yousef Al Benyan  Sabic, the Mideast’s largest chemicals player and one of the global leading producers, has appointed Yousef Al Benyan as its new CFO, CW has learned...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-appoints-chemicals-executive-to-CFO_66357.html
December 17, 2014
Nama Chemicals (Al Jubail) says that it plans to restart its chlor-alkali production facility at Al Jubail on 5 January 2015. The plant has been down since a fire in the caustic soda...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Nama-Chemicals-to-restart-chlor-alkali-plant-in-January_66239.html
December 15, 2014
The National Industrialization Co. (Tasnee; Riyadh) informed the Saudi Stock Exchange on Sunday that its board of directors has accepted the resignation of Salih bin Fahd Al Nazha...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-appoints-former-Sabic-CFO-as-its-new-CEO_66167.html
December 12, 2014
Sabic executive v.p./corporate finance and CFO Mutlaq Al-Morished has announced that he is resigning from Sabic, according to an interview with Saudi news service Mubasher. Al-Morished...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-CFO-resigns_66134.html
December 8, 2014
National Industrialization Co. (Tasnee; Riyadh) said on Sunday that on 4 December it signed an agreement to purchase an additional 13% stake in titanium dioxide (TiO2) producer Cristal...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-signs-deal-to-raise-stake-in-TiO2-producer-Cristal_65945.html
December 4, 2014
Yanbu National Petrochemicals Co. (Yansab), a Sabic subsidiary, announced today that it would carry out a 35-60 day maintenance turnaround in April 2015 at the company's ethylene...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Report-Yansab-plans-35-60-day-turnaround-at-EG-complex-next-April_65862.html
November 25, 2014
The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-Diversification-will-create-new-opportunities-in-the-Mideast_65672.html
November 24, 2014
The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-Aramco-CEO-calls-for-switch-to-mixed-feed-crackers-as-gas-feedstocks-run-short_65647.html
November 18, 2014
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co. (Sadara), announced today that Sadara has entered into 30-year agreements with the Power and Water Utility...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sadara-signs-contracts-with-Marafiq-utility-company_65498.html
November 16, 2014
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GCC-exports-of-chemicals-to-China-continue-to-grow-GPCA-says_65462.html
November 11, 2014
The Israeli cabinet has approved the country's Sheshinski Committee II's recommendations on fiscal and tax policies for Israel's natural resources, the country's ministry of finance...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Israeli-cabinet-approves-recommendations-for-higher-taxes-on-companies-exploiting-natural-resources_65286.html
November 6, 2014
Petrokemya, a wholly-owned Sabic subsidiary, plans to expand its butadiene extraction plant at Jubail, Saudi Arabia. KBR has been awarded the front-end engineering design contract by...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petrokemya-to-expand-butadiene-capacity-at-Jubail_65205.html
November 3, 2014
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-takes-large-methanol-complex-off-line-for-maintenance_65045.html
October 29, 2014
Alujain Corp. reported a 39% drop in net third-quarter profit to 34.85 million Saudi riyals ($9.3 million) compared with the year-earlier quarter citing an insurance payment to...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Alujains-net-profit-declines_64903.html
October 28, 2014
The National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia) announced on 27 October that it has entered into an agreement to acquire the titanium dioxide (TiO2) assets of Jiangxi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-subsidiary-Cristal-to-acquire-titanium-dioxide-assets-in-China_64840.html
October 27, 2014
National Industrialization Co. (Tasnee) today reported an increase in third-quarter net profit but a decline in operating result citing provision for a legal case for one of its...
http://www.chemweek.com/regions/middle_east/saudi_arabia/More-Saudi-firms-announce-interim-results_64812.html
October 26, 2014
Sabic's third-quarter net income was down 4.5% to 6.18 billion Saudi riyals ($1.65 billion) with operating profit down 7.6% to SR10.41 billion, the company said on Sunday. Net profit...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabics-third-quarter-profits-slide-on-lower-volumes-and-slowing-global-economy_64800.html
October 23, 2014
Rabigh Refining and Petrochemical Co. (Petro Rabigh), a joint venture between Saudi Aramco and Sumitomo Chemical, has announced a major increase in profits for the third quarter and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-raises-profits_64700.html
October 23, 2014
Sipchem today reported a 13% decrease in third-quarter net profit to 160.6 million Saudi riyals ($42.8 million) and a 15% drop in operating profit to SR270.0 million. Sales were not...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchems-third-quarter-profits-slide_64638.html
October 23, 2014
Sabic confirmed today that a project announced in November 2012 to build a styrene monomer, propylene oxide and polyols complex by Saudi Petrochemical Co. (Sadaf), a joint venture with...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-confirms-cancelation-of-Sadaf-POSM-polyols-project_64693.html
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