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

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January 19, 2010
Tasnee, Nama Chemicals and Advanced Refining and Petrochemical Co. have submitted a joint bid to the Saudi Ministry of Petroleum and Mineral Resources (MinPet) for a previously...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Tasnee-Nama-and-Advanced-Form-Consortium-for-Jazan-Refinery-and-Petchems-Complex_24173.html
January 18, 2010
Sipchem (Riyadh) reported a 62% rise in fourth-quarter 2009 earnings to SR56.5 million ($15.1 million) compared with the same priod in the previous year. The company's net...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-and-APC-Report-Increases-in-Fourth-Quarter-Profits_24162.html
January 11, 2010
Saudi Kayan has received four revised bids from contractors for a previously announced 210,000-m.t./year amines complex at Al Jubail, Saudi Arabia. The company last year terminated an...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Bids-in-For-Saudi-Kayans-Amines-Complex_24052.html
January 4, 2010
Invitations to bid for some units, which will form part of a previously announced elastomers joint venture between Sabic and ExxonMobil at Al Jubail and Yanbu, Saudi Arabia, are...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Bids-Expected-Shortly-for-Sabic-ExxonMobil-Elastomers-Complex_23854.html
December 29, 2009
Saudi Kayan, a subsidiary of Sabic, has signed a letter of intent with Daelim Industrial Co. (Seoul) for the construction of a low-density polyeththylene (LDPE) plant at Al Jubail...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Kayan-Maaden-Place-Plant-Orders-with-Daelim-Industrial_23807.html
December 23, 2009
Vopak says it has signed a memorandum of understanding with Zamil Group (Riyadh, Saudi Arabia), to establish a joint venture company for the Middle East and North Africa (MENA) region...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Vopak-and-Zamil-Form-Tank-Storage-JV_23752.html
December 21, 2009
Region’s Influence Continues to Grow Prospects for demand recovery and the continuing rise of Mideast influence in petrochemicals topped discussion at the fourth annual Gulf...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-2009-Mideast-Advance_23617.html
December 10, 2009
The prospects for economic recovery and challenges arising from growing protectionist measures set the background the fourth annual GPCA forum....
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-2009-Recovery-Trade-Tensions-Top-Forum-Agenda_23368.html
December 10, 2009
 Huntsman and Zamil Group (Riyadh, Saudi Arabia) say the have signed a non-binding memorandum of understanding to explore the feasibility of building a morpholine and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Huntsman-and-Zamil-to-Build-Morpholine-and-Diglycolamine-Plant-in-Saudi-Arabia-_23392.html
December 9, 2009
Energy and petrochemical companies should take a longer-term view in their business strategies, rather than focus on “next quarter’s profitability,” says H.E. Ali I...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-2009-Saudi-Minister-Highlights-Importance-of-Petrochemicals-Diversification-Jazan-Award-Soon_23365.html
December 9, 2009
A broad-based recovery in petrochemicals will not come quickly despite the resumption of demand growth in second-half 2009, says Stephen Pryor, president of ExxonMobil Chemical...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GPCA-2009-Downturn-Has-Shaved-Three-Years-from-Petchem-Growth_23367.html
November 25, 2009
 Sabic and Linde say they have started commercial production of linear alpha olefins (LAO) using their jointly developed technology. The LAO is produced at Sabic's 150,000...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-Linde-Start-Commercial-LAO-Production_22971.html
November 18, 2009
 Chemtura says it plans to expand its antioxidants capacity at its Gulf Stabilizer Industries (GSI; Al Jubail, Saudi Arabia) joint venture by 4,000 m.t./year, to 21,000 m.t./year...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Chemtura-to-Expand-Antioxidant-Capacity-in-Saudi-Arabia_22858.html
November 18, 2009
Technip (Paris) and SaudConsult (Riyadh) have signed a memorandum of understanding to set up an equally owned joint venture with the aim of developing a new engineering center at...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Technip-and-SaudConsult-Form-Engineering-JV-in-Saudi-Arabia_22854.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/saudi_arabia/Investcorp-to-Acquire-Stake-in-Leading-Mideast-Industrial-Gases-Company_22818.html
November 12, 2009
The chemicals M&A market is in a period of flux, as a gap in perceived value is starting to close and players from developing markets are emerging as buyers, speakers at CW's...
http://www.chemweek.com/regions/middle_east/saudi_arabia/M-and-A-Market-in-Flux_22730.html
November 9, 2009
Saudi Kayan is reportedly re-tendering two contracts, which is expected to delay completion of its $10 billion petrochemical complex at Al Jubail. The contracts affected are for...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Kayan-Terminates-Two-Contracts-Commissioning-Will-be-Delayed_22649.html
November 9, 2009
Saudi Aramco and Sumitomo Chemical held an official inauguration ceremony yesterday for their $10.3 billion Petro Rabigh petrochemical joint ventrue at Rabigh, Saudi Arabia. The...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Aramco-and-Sumitomo-Inaugurate-Petro-Rabigh-Investment-Decision-on-Phase-II-by-End-of-2010_22648.html
November 3, 2009
National Petrochemical Industrial Co.'s (NatPet; Yanbu, Saudi Arabia) Yanbu, Saudi Arabia based polypropylene (PP) manufacturing plant is off line due to technical reasons, CW has...
http://www.chemweek.com/regions/middle_east/saudi_arabia/NatPet-Polypropylene-Plant-Hit-by-an-Unscheduled-Outage_22061.html
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