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January 22, 2015
National Industrialization Co. (Tasnee) said today that it signed an Islamic Murabaha financing agreement for 1.2 billion Saudi riyals ($319.4 million) with each the Riyadh Bank and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-signs-financing-agreement-to-fund-acquisition-of-additional-shares-in-Cristal_67081.html
January 22, 2015
Saudi Aramco Total Refining & Petrochemical (Satorp), a joint venture in which Aramco holds 62.5% and Total the balance, has announced an increase in quarterly and annual net...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Satorp-reports-large-quarterly-and-annual-losses_67076.html
January 22, 2015
Saudi Arabian Mining Company (Ma’aden) has announced that its subsidiary Ma’aden Phosphate Co., (MPC) will shut down its ammonia plant located at Ras Al Khair City, Saudi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Maaden-shuts-ammonia-plant-for-30-day-maintenance_67071.html
January 21, 2015
Sahara Petrochemical Co. said today that its polypropylene production affiliate Al Waha Petrochemical Co. has signed an Islamic facility agreement with Saudi British Bank and Banque...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Al-Waha-signs-big-loan-agreement_67034.html
January 21, 2015
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, on Tuesday reported a fourth-quarter...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-reports-quarterly-loss-citing-decline-in-crude-prices-Maaden-swings-to-profit_67043.html
January 20, 2015
National Industrialization Co. (Tasnee; Riyadh) today reported a 47% drop in fourth-quarter net profit, to 160.7 million Saudi riyals ($42.8 million), compared with the year-earlier...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-reports-big-drop-in-profits-cites-lower-TiO2-prices_66993.html
January 19, 2015
Sabic today reported lower earnings and revenues but pledged to continue with its growth strategies. Net profit in the fourth quarter of 2014 was down 29%, to 4.36 billion Saudi riyals...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabics-profit-down-close-to-30-percent-as-oil-prices-continue-to-slide_66954.html
January 19, 2015
Several Saudi petrochemical firms have reported their quarterly and annual earnings. Sipchem’s net profit in the fourth quarter was down 33%, to 132.4 million Saudi riyals ($35.3...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-Sahara-report-lower-profits-Saudi-Kayan-narrows-loss_66962.html
January 13, 2015
Yanbu National Petrochemical Co. (YanSab), a Sabic subsidiary, today announced a large increase in fourth-quarter profits but a slide in full-year earnings. Net profit in the fourth...
http://www.chemweek.com/regions/middle_east/saudi_arabia/YanSab-reports-higher-fourth-quarter-earnings_66793.html
January 11, 2015
The boards of directors of Saudi Kayan and Yanbu National Petrochemical Co. (YanSab), both Sabic affiliates, today accepted the resignation of Mutlaq Al Morished from the post of...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Kayan-and-YanSab-appoint-new-chairmen_66730.html
January 8, 2015
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co., has agreed to issue a loan of 40 million Saudi riyals ($10.7 million), to cover a part of its share of the...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sadara-issues-loan-to-hydrogen-peroxide-JV_66635.html
January 5, 2015
Advanced Petrochemical Co., a Saudi producer of propylene and polypropylene, today reported its preliminary 2014 results. The company reports fourth-quarter net profit increased 24%...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Advanced-reports-higher-profits_66539.html
January 5, 2015
National Petrochemical Industrial Co. (NatPet; Yanbu, Saudi Arabia) will shut its propylene and polypropylene (PP) complex at Yanbu on 25 January for scheduled maintenance, the...
http://www.chemweek.com/regions/middle_east/saudi_arabia/NatPet-to-shut-PP-complex-this-month-for-maintenance_66529.html
January 1, 2015
Cristal, the titanium dioxide (TiO2) subsidiary of the National Industrialization Co. (Tasnee), has announced that it will begin commercial production of titanium slag at its new...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Cristals-titanium-dioxide-raw-material-unit-to-begin-production-in-the-second-quarter_66528.html
December 31, 2014
Plastics production capacity in the Gulf Cooperation Council (GCC) countries will increase 25% by 2020, to 33.8 million m.t./year, says the Gulf Petrochemicals and Chemicals...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-Plastics-capacity-in-GCC-countries-to-increase-25-percent-by-2020_66513.html
December 31, 2014
Saudi International Petrochemical (Sipchem; Al Khobar) says it plans to start up a polybutylene terephthalate (PBT) plant at Al Jubail during the first quarter of 2015. "The...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-to-start-up-PBT-plant-in-the-first-quarter_66508.html
December 29, 2014
Sadara Basic Services Co., a wholly owned subsidiary of Sadara, itself a joint venture between Saudi Aramco and Dow Chemical, today signed a feedstock allocation extension agreement...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-ministry-allocates-feedstocks-to-Sadara_66476.html
December 29, 2014
Saudi Arabian Fertilizer Co. (Safco) began trial operations at the company's new urea plant at Jubail, Saudi Arabia on 25 December, the company said on the same day. The trial...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Safco-begins-three-month-trial-operations-at-urea-plant_66467.html
December 22, 2014
Saudi Aramco and Total have announced that they will inject new funds into their joint venture, Saudi Aramco Total Refining & Petrochemical (Satorp), to finance the construction of...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Aramco-and-Total-to-inject-funds-into-Satorp-joint-venture_66386.html
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
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