IHS Chemical Week

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

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April 24, 2009
Sabic posted a net loss of SR974 million ($260 million) for the first quarter of 2009, compared with a net profit of SR6.9 billion in the year-ago period. The loss includes a non-cash...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Impairment-Charge-Tips-Sabic-into-the-Red_18452.html
April 24, 2009
Saudi Aramco and Sumitomo Chemical have signed an agreement to proceed with a feasibility study for the previously announced second phase of their Petro Rabigh refinery and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Aramco-and-Sumitomo-Proceed-with-Study-for-Rabigh-II-Complex_18473.html
April 21, 2009
The loss includes an impairment charge related to the acquisition of GE Plastics....
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-Posts-a-First-Quarter-Net-Loss_18368.html
April 10, 2009
The jv between Saudi Aramco and Sumitomo Chemical says it has successfully started the core 1.3-million m.t./year ethylene plant at the mega-refining and petrochemical complex....
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-Brings-Saudi-Cracker-Onstream_18246.html
April 10, 2009
The Shaw Group says it has been awarded a contract by Petrokemya, a Sabic subsidiary, to provide front-end engineering design services for a grassroots project to build an...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Shaw-Group-Selected-For-Saudi-ABS-Plant_18193.html
April 3, 2009
Market conditions are likely to remain challenging through late 2009, Sabic CEO Mohamed Al-Mady told attendees at the National Petrochemical & Refiners Association’s (NPRA...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-CEO-Expects-Petchem-Demand-to-Remain-Weak-Through-Year-End_17992.html
April 3, 2009
Saudi Aramco will continue to invest in new petrochemical projects, despite the economic downturn, Abdulaziz Al-Judaimi, v.p./new business development at Saudi Aramco, said in a...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-Aramco-to-Maintain-Investments-Amid-Downturn_18040.html
April 2, 2009
Petrochemical market conditions are likely to remain challenged through late 2009, Sabic's CEO said at the NPRA International Petrochemical Conference in San Antonio, TX this week. “The petrochemical industry is facing the most difficult and challenging period in several decades – perhaps unlike anything we have seen in our lifetime,” says Sabic CEO Mohamed Al-Mady....
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-CEO-Sees-Weak-Petchem-Demand-Through-Late-2009_17938.html
April 1, 2009
Material and equipment costs in the engineering and construction (E&C) sector will likely fall in fourth-quarter 2009 or early in 2010, according to Fluor’s annual materials...
http://www.chemweek.com/regions/middle_east/saudi_arabia/E-and-C-Materials-and-Equipment-Costs-to-Slide-by-2010_17928.html
March 31, 2009
Rohm and Haas (R&H) says that Fluor has been named project management consultant for R&H’s previously announced Saudi Acrylic Monomer Co. joint venture with Tasnee and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Fluor-Awarded-Contract-for-Rohm-and-Haass-Saudi-Acrylic-Acid-JV_17922.html
March 31, 2009
Bayer CropScience says it has acquired certain assets and technology related to biological development products of AgroGreen (Ashdod, Israel), a business unit of the Minrav Group. The...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Bayer-CropScience-Buys-Assets-and-Technology-from-Israeli-Firm_17924.html
March 20, 2009
Outgoing Secretary General of GPCA The Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) has expanded rapidly and today has more than 140 members. GPCA’s third annual...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Q-and-A-with-Abdullah-Al-Hagbani_17754.html
March 6, 2009
Petro Rabigh, a petrochemical joint venture between Saudi Aramco and Sumitomo Chemical, has completed prequalification for the main management and design contract for the jv’s...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Prequalified-Contractors-Bid-for-Second-Phase-of-Petro-Rabigh-Deal_17457.html
January 26, 2009
Sabic’s fourth-quarter 2008 net profits dropped 95%, to SR311 million ($83 million) compared with the year-earlier period. The figure is also down 96% on Sabic’s...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabics-Profit-Plummets-On-Global-Downturn_16618.html
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