IHS Chemical Week

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

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August 17, 2011
Evonik Industries and Saudi Acrylic Acid Co. (SAAC; Jubail, Saudi Arabia) are going ahead with previously announced plans to produce superabsorbent polymers (SAP) in Saudi Arabia. The...
August 9, 2011
Ma’aden Phosphate Co., a subsidiary of the Saudi Arabian Mining Company, is in the process of shipping its first cargo of diammonium phosphate (DAP) from its Ras Az Zawr, Saudi...
August 8, 2011
Solvay intends to form an equally owned joint venture with Sadara Chemical Co., a planned partnership between Saudi Aramco and Dow Chemical, to build and operate a world-scale hydrogen...
August 8, 2011
Al falih: A milestone in Aramco's strategy. Dow Chemical and Saudi Aramco have confirmed CW’s exclusive report that they are going ahead with a previously announced...
August 8, 2011
Makhteshim Agan Industries (MAI; Tel Aviv) reported a more than tripling in second-quarter net profits compared with the same period last year, to $45 million on sales up 20%, to $723...
August 8, 2011
The Saudi Industrial Investment Group (SIIG; Riyadh) says it has established the Petrochemical Conversion Company (PCC)  at Jubail, Saudi Arabia with a capital of SR150 million...
August 5, 2011
Fluor has confirmed CW’s report that it has been awarded a contract by Saudi Aramco and Dow Chemical to provide all of the utilities and offsites for the companies' Sadara...
August 3, 2011
Sahara Petrochemicals has announced that it has gradually re-started operations at its Al Waha subsidiary’s Jubail, Saudi Arabia based propane dehydrogenation and polypropylene...
August 1, 2011
Rabigh Refining and Petrochemical Co. (Petro Rabigh, Rabigh, Saudi Arabia) says it has completed a scheduled maintenance turnaround at the Rabigh, Saudi Arabia...
July 28, 2011
Solvay announced today that it intends to form an equally owned joint venture with Sadara Chemical Company, a planned joint venture between Saudi Aramco and Dow, to build and operate a...
July 26, 2011
Dow Chemical says plans to build a manufacturing facility in Saudi Arabia to produce reverse osmosis membranes for water desalination and re-use for potable, non-potable, and...
July 26, 2011
Dow Chemical and Saudi Aramco have confirmed CW’s exclusive report that they are going ahead with the formation of a previously announced joint venture, to be known as Sadara...
July 20, 2011
National Industrialization Co., (Tasnee) reported a 54% increase in second quarter net income to SR594.2 million ($159.1 million) on the year-earlier figure but the result was flat...
July 19, 2011
Saudi Aramco and Dow Chemical, partners in a previously announced multibillion-dollar, equally owned petrochemicals joint venture in Saudi Arabia are expected to announce the go-ahead for the project “real soon,” one source tells CW. The announcement for the jv, likely to require an investment of $18 billion-$20 billion, could be made within the next few weeks. The complex will comprise more than 30 manufacturing units, half of which are expected to be online in the third quarter of 2015. “This is the largest, single petchem development ever done,” one industry expert says....
July 19, 2011

Sabic's second quarter net income rose 61% to SR8.1 billion ($2.16 billion) over the same period of last year and was up 5% on the first quarter of this year when net income reached SR7.69 billion. The company beat Reuters’ consensus estimates of SR7.1 billion for the quarter.  Gross operating profit in the second quarter was 39% higher year-on-year at SR16.49 billion while operating income was 45% higher at SR13.28 billion.


July 18, 2011
Sahara Petrochemical Co., says its Jubail, Saudi Arabia based Al Waha, joint venture, had to take its entire complex offline on Saturday July 16, due to a technical fault in the...
July 16, 2011
Saudi International Petrochemical Co., (Sipchem; Al Khobar) has announced a near doubling in net profit for the second quarter ended June 30, 2011. Net profit in the quarter rose 88.6%...
July 13, 2011
Rabigh Refining and Petrochemical Company (Petro Rabigh; Rabigh, Saudi Arabia) has delayed until the end of this month the re-commissioning of one of the main units within the...
July 12, 2011
Saudi Kayan (Jubail, Saudi Arabia) reported a net loss of SR16.01 million ($4.3 million) in the second quarter ended June 30, 2011. This compares with a net loss of SR1.8 million in...
July 11, 2011
Yanbu National Petrochemical Company (Yansab; Yanbu, Saudi Arabia) reported a 92% increase in net profit to SR963.67 million ($257 million) in the second quarter of 2011. Net profit in...
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