IHS Chemical Week

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

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April 26, 2013
Sabic’s first-quarter net income declined 10%, to 6.56 billion Saudi riyals ($1.75 billion), compared with the first quarter of 2012, but increased 13% compared with the SR5.83...
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...
April 23, 2013
More Saudi chemical producers have reported first-quarter results, which were mostly lower than in the corresponding period of last year. Saudi International Petrochemical Co...
April 22, 2013
Sabic’s first-quarter net income declined 10%, to 6.56 billion Saudi riyals ($1.75 billion) but increased 13% compared with the SR5.83 billion in the fourth quarter of 2012...
April 15, 2013
Sabic announced today that it maintained a strong financial performance during 2012 and increased its production capacity to reach 72 million m.t./year, a 3-million m.t. increase...
April 15, 2013
A number of Saudi Arabian firms have reported their first quarter 2013 earnings. Saudi Kayan, a Sabic affiliate, reports a net loss of 154.87 million Saudi riyals ($41.3 million) for...
April 11, 2013
Yair Lapid, Israel's new finance minister, says he will oppose any attempt by Potash Corp. of Saskatchewan to acquire Israel Chemicals Ltd. (ICL; Tel Aviv). Lapid said he...
April 10, 2013
Odfjell Tankers and National Chemical Carriers (NCC; Riyadh) have agreed to dissolve their pool of 40,000–45,000 deadweight (dwt) m.t. coated chemical tankers, effective 1 June...
April 10, 2013
PolyOne says that Juffali PolyOne Masterbatch, a joint venture between PolyOne and E.A. Juffali & Brothers (Jidda, Saudi Arabia), has opened their previously announced new...
April 9, 2013
Sabic and the Massachusetts Institute of Technology (MIT) have signed an initial agreement jointly to develop "practical solutions and processes," Sabic announced. The...
April 2, 2013
Saudi International Petrochemical (Sipchem; Al Khubar) says that its Sipchem Marketing affiliate has opened an office in Singapore to strengthen its global petrochemical marketing...
April 2, 2013
Sadara Chemical has closed its issuance Islamic bonds, or Sukuk, worth 7.5 billion Saudi riyals. The issuance was oversubscribed, leading to an increase from the initial expected...
March 22, 2013

IHS Chemical projects that by 2025, the volume will approach 250 million m.t., triple the volume of 2000 and nearly double that of 2010.


March 19, 2013
Saudi Chevron Phillips (SCP) resumed operations at its complex at Al Jubail on 9 March following scheduled maintenance. The complex produces benzene, cyclohexane, and motor gasoline...
March 19, 2013
Saudi Aramco (Dhahran, Saudi Arabia), already an upstream oil and gas powerhouse and a major oil refiner in Saudi Arabia and around the globe, is on a mission to extend its leadership...
March 19, 2013
The Mosaic Co. has entered into a heads of agreement with the Saudi Arabian Mining Co. (Ma'aden) and Sabic under which the companies intend to establish a joint venture to develop...
March 18, 2013
Nama Chemicals (Al Jubail) says it has shut down a part of its production complex to carry out unscheduled maintenance. The company’s alyl alcohol plant was taken off line on 15...
March 11, 2013
Saudi Chevron Phillips (SCP), on 9 March, resumed operations at its complex at Al Jubail, following scheduled maintenance. The complex produces benzene, cyclohexane, and motor...
February 28, 2013
Clean energy company Dyesol (Queanbeyan, Australia) says that Saudi Arabia’s National Industrialization Co. (Tasnee; Riyadh), has invested A$4 million ($4.1 million) in Dyesol by...
February 21, 2013
National Petrochemical Company (Petrochem; Riyadh) has announced the audited consolidated financial results for the full-year ended 31 December 2012. The company reported a net loss of...
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