IHS Chemical Week

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

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November 4, 2008
Sika says it will build a 50,000-m.t./year plant in Rabigh, Saudi Arabia to produce admixtures for concrete applications. The company did not disclose further details. Media reports...
November 4, 2008
Al Mady: Crisis having a mixed impact. Sabic has reported preliminary net profits of SR7.24 billion ($1.9 billion) for the third quarter, down 2% from the same period of last year, on...
October 15, 2008
Saudi International Petrochemical Co. (Sipchem; Al-Khobar) says its third quarter net profit rose 57% to SR137 million ($37.3 million) compared with the year-earlier period. Net profit...
October 13, 2008
Mohamed Al-Mady, CEO of Sabic and chairman and managing director of the Saudi Arabian Fertilizers Co. (Safco) says Safco's net profits for the first nine months rose to SR3.744...
October 3, 2008
Ibn Rushd, a Sabic affiliate, has selected Lummus technology for a previously announced propane dehydrogenation plant at Yanbu, Saudi Arabia (CW, Aug. 11/18, p. 15). The plant will be...
October 3, 2008
Unspecified technical hitches may delay until the first quarter of 2009 the start up of some units at Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical. The...
October 3, 2008
Sabic beat out Bayer for the number 10 slot in this year’s Billion-Dollar Club, with 2007 revenues of SR126.2 billion ($33.6 billion). Sabic moved up one notch in the ranking due...
September 26, 2008
The petrochemical industry is following a downward trend due to weaker-than-expected markets in 2008, marked by high feedstock costs, lagging polymer prices, excess capacity, and overall poor economic conditions, Bernard Claude, President and CEO of Total Petrochemical USA told attendees in a keynote address to attendees of CW’s Global Forecast Conference 2009, held yesterday in New York....
September 15, 2008
Some unspecified technical issues may lead to delay of start-up at some units at Petro Rabigh, the joint venture between Saudi Aramco and Sumitomo Chemical, to first-quarter of 2009...
September 10, 2008
Saudi Ethylene and Polyethylene Co., a joint venture among LyondellBasell, Sahara Petrochemical, and Tasnee Petrochemicals, has started up a 1-million m.t./year ethylene plant at Al...
September 8, 2008
Ciba Specialty Chemicals has signed an agreement to form a joint venture with masterbatch producer Astra Polymers (Al-Khobar, Saudi Arabia) to sell customer-specific antioxidant blends...
August 28, 2008
Ciba Specialty Chemicals has signed an agreement to form a joint venture with Astra Polymers to produce and sell customer-specific antioxidant blends to customers in the Mideast. The...
August 26, 2008
The Ministry of Petroleum and Mineral Resources (Riyadh) is mediating between Saudi International Petrochemical Co. (Sipchem; Al Khobar) and Sabic in talks that are expected to lead to...
August 20, 2008
Israel Chemicals Ltd. (ICL; Tel Aviv) has reported a 445% increase in net profits to $703.2 million for the second quarter ended June 30. And sales for the period increased by 116% to...
August 18, 2008
Arabian Industrial Fibres Co. (Ibn Rushd; Yanbu, Saudi Arabia), an affiliate of Sabic, says it will build a 525,000-m.t./year polypropylene (PP) plant at Yanbu by 2012. The company has...
August 14, 2008
Sun Pharmaceutical Industries (Mumbai) says the U.S. Federal Trade Commission (FTC; Washington DC) has given clearance for the previously announced tender offer by Alkaloida Chemical...
August 7, 2008
Saudi Basic Industries (Sabic; Riyadh), by far the largest petrochemicals producer in the Mideast and one of the leading global players, approved recently a growth strategy...
August 7, 2008
Arabian Industrial Fibres Co. (Ibn Rushd, Yanbu, Saudi Arabia), an affiliate of Sabic, says it will build a 525,000-m.t./year polypropylene (PP) plant at Yanbu by 2012. The company has...
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