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April 17, 2012
Sabic said today that its net income in the first quarter of this year declined 5% but rose significantly against the last quarter of 2011. Net income in the quarter ended March 31...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabics-Net-Income-Declines-on-Lower-Prices-and-Higher-Feedstock-Costs_42712.html
April 17, 2012
Rabigh Refining & Petrochemical Company (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, announces a major drop in net income in...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-Reports-Massive-Drop-in-First-Quarter-Net-Profits_42713.html
April 16, 2012
Sabic says it will invest $100 million to build a previously announced technology center at Kangqiao, east of Shanghai, China. The facility is expected to become operational in 2013...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-to-Invest-$100-Million-to-Build-Technology-Center-in-China_42688.html
April 5, 2012
Linde says it has signed a long-term contract with Sadara Chemical to supply carbon monoxide, hydrogen and ammonia to Sadara’s chemical complex being built at Jubail, Saudi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Linde-to-Invest-$380-Million-to-Construct-on-Site-Plants-for-Sadara_42423.html
April 3, 2012
Sabic and Sinopec say that their Sinopec Sabic Tianjin Petrochemical Co. (SSTPC) 50-50 joint venture at Tianjin, China, has today broken ground on the previously announced...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-and-Sinopec-Begin-Construction-of-$1-7-Billion-Polycarbonate-Plant-in-China_42448.html
March 26, 2012
Dow Chemical says it plans to invest in a new manufacturing facility for its Dow Coating Materials business unit at Jubail, Saudi Arabia. The planned facility will manufacture a range...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Dow-to-Build-Coatings-Facility-in-Saudi-Arabia_42278.html
March 16, 2012
One crew member is still missing after an explosion on board a chemical tanker in the Arab Gulf on March 15. The ship, Stolt Valor, is owned and operated by Stolt Tankers, a...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Stolt-Tanker-Suffers-Explosion_42082.html
March 13, 2012
Makhteshim Agan Group (Tel Aviv) recorded net losses $26.7 million in the fourth quarter of 2011 compared with net losses of $159.2 million in the corresponding quarter of 2010. Sales...
http://www.chemweek.com/regions/middle_east/saudi_arabia/New-Operations-and-Higher-Selling-Prices-Drive-Makhteshims-Improved-Results_41958.html
February 28, 2012
Mitsui Chemicals has agreed to license its toluene diisocyanate (TDI) and methylene di-para-phenylene isocyanate (MDI) technology to Sabic for a previously announced project in Saudi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Mitsui-Chemicals-to-License-Technology-for-Sabic-TDI-MDI-Project_41637.html
February 20, 2012
Petro Rabigh, a petrochemicals joint venture between Saudi Aramco and Sumitomo Chemical, is likely to delay plans for a previously announced project to double capacity and diversify...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-Expansion-Likely-to-be-Put-on-Hold_41490.html
February 14, 2012
Saudi Arabia's Royal Commission for Jubail and Yanbu says it has authorized previously announced chemical expansion projects totaling SR21.2 billion ($5.6 billion) at Jubail. The deals...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Arabia-Approves-$5-6-Billion-Expansion-Projects-at-Jubail_41339.html
February 13, 2012
Foster Wheeler says it has been awarded an engineering, procurement, and construction management contract for a propylene oxide (PO) plant that will form part of the $20-billion Sadara...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Foster-Wheeler-Awarded-Contract-for-Sadara-PO-Plant_41295.html
February 12, 2012
Saudi Kayan, a Sabic affiliate, said on Saturday that it made a net loss of SR250.25 million ($66.73 million) in 2011 compared with a net loss of SR14.61 million in 2010. The...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Kayan-Reports-Increase-in-Net-Loss_41294.html
February 5, 2012
Saudi Arabian Mining Company (Ma’aden) has announces the start of commercial operation at its diammonium phosphate (DAP) plant. The plant is operated by Ma’aden Phosphate...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Arabia-Starts-Up-Huge-DAP-Complex_41019.html
February 5, 2012
Sahara Petrochemicals said Sunday that its affiliate, Saudi Acrylic Monomers Company (Samco) signed a SR 600 million ($160 million) loan agreement with Saudi Industrial Development...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Acrylics-Co-Signs-Loan-Agreement-for-Jubail-Project_41017.html
January 18, 2012
Sabic reported a 10% drop in net profit in the fourth quarter of 2011 to SR5.24 billion ($1.4 billion) on 15% higher sales at SR47 billion. Speaking at a press conference on Tuesday...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-Reports-Lower-Fourth-Quarter-Profits-Says-2013-Should-Be-Better_40543.html
January 17, 2012
YanSab, Saudi Kayan, both Sabic affiliates, Sahara Petrochemicals, Sipchem, and Ma’aden reported fourth quarter 2011 results, mostly down on the year-earlier period. YanSab...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Firms-Report-Mixed-Fourth-Quarter-Results_40526.html
January 17, 2012
Sinopec says it has signed a joint venture agreement with Saudi Aramco on January 15, for the previously announced refinery at Yanbu, Saudi Arabia. The jv has been named Yanbu Aramco...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Aramco-and-Sinopec-Sign-Yasref-Refinery-Deal-Update_40451.html
January 16, 2012
Sabic says that it has signed a protocol of cooperation with Sinopec to explore new business opportunities and to confirm their commitment to earlier agreements. The cooperation...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-and-Sinopec-to-Explore-New-Business-Opportunities-and-Joint-Ventures_40456.html
January 11, 2012
IDEA Soda Ash and Calcium Chloride (ISACC; Al Khobar, Saudi Arabia) has awarded a contract to Jacobs Engineering to provide engineering, procurement, and construction; and project...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Jacobs-Awarded-Contract-for-Soda-Ash-Calcium-Chloride-Project-in-Saudi-Arabia_40383.html
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