IHS Chemical Week

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

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October 28, 2013
Sabic said today that its third-quarter net profit rose 2.5%, to 6.47 billion Saudi riyals ($1.73 billion), on sales 9% higher, at SR48.8 billion. Operating profit was 14.3% higher, at...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-reports-higher-third-quarter-results-says-next-year-could-be-better_56235.html
October 24, 2013
Foster Wheeler announced today that it has been selected by Farabi Petrochemicals Co. to undertake a concept study and technology selection contract for the Jazan petrochemicals...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Foster-Wheeler-awarded-study-and-technology-selection-contract-for-Jazan-petchems-project_56143.html
October 24, 2013
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia) today reported a major decline in third-quarter profits and a huge loss in the first nine months. Meanwhile...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-third-quarter-profits-down-restarts-ethane-cracker_56140.html
October 23, 2013
Methanex (Vancouver) on 22 October announced plans to sell a 10% equity share in Egyptian Methanex Methanol Company (EMethanex) to Arab Petroleum Investments Corp. (Apicorp; Dammam, Saudi Arabia) for $110 million. The deal, which is expected to close later this year, will increase Apicorp’s share of the joint venture to 17%, while Methanex will retain just over 50%....
http://www.chemweek.com/regions/middle_east/saudi_arabia/Methanex-to-sell-10-percent-share-of-Egyptian-jv-to-Apicorp-for-$110-million_56100.html
October 23, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khubar), citing higher prices and margins and lower charges, today reported a rise in third-quarter profits. Net profit rose 18.9%...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-reports-higher-third-quarter-profits_56107.html
October 22, 2013
Citing higher production and sales volumes and improved prices, Yanbu National Petrochemical Co. (Yansab; Yanbuʿ, Saudi Arabia), a Sabic affiliate, today reported a large increase in...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Yansabs-profits-double-Methanol-Chemical-Co-s-are-down_56085.html
October 21, 2013
Petro Rabigh (Rabigh, Saudi Arabia) says that on 16 October there was a leak in water pipes connecting with the Rabigh-based ethane cracker, which has led to the suspension of...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Petro-Rabigh-suspends-cracker-operation-following-water-leak_56050.html
October 21, 2013
Saudi Arabia Fertilizer Co. (Safco, Al Jubail), citing lower fertilizer prices, today reported a major drop in profits. Net profit in the third quarter was down 36%, to 734 million...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Safco-reports-decline-in-profits-on-lower-fertilizer-sales_56062.html
October 17, 2013
Dow Chemical today outlined a strategy for its performance plastics business and gave an update on the company’s major projects in Saudi Arabia and on the US Gulf Coast. Speaking...
http://www.chemweek.com/regions/middle_east/saudi_arabia/K-2013-Dow-outlines-plastics-strategy-gives-update-on-investments_56001.html
October 15, 2013
Evonik Industries says that the Saudi Acrylic Polymer Co. (Sapco), its joint venture with the Saudi Acrylic Acid Co., has completed the construction of its superabsorbent polymer plant...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Evoniks-superabsorbent-polymers-plant-completed-in-Saudi-Arabia_55945.html
October 14, 2013
Nama Chemicals (Al Jubail) says it has begun trial runs at its expanded epoxy resins manufacturing facility at Al Jubail. The project doubled Nama’s epoxy resins capacity to...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Nama-Chemicals-begins-trial-runs-at-expanded-epoxy-resins-plant_55911.html
October 10, 2013
Saudi Kayan, a Sabic affiliate; Sahara Petrochemical Co.; and Advanced Petrochemical today reported much better third-quarter results. Kayan reported net profit of 43.27 million Saudi...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Saudi-petchem-firms-report-improved-third-quarter-results-Kayan-swings-to-profit_55811.html
October 10, 2013
Warren Wilder, executive director of the chemicals business of Saudi Aramco, has been named to the board of directors of Sadara Chemical Co., effective 1 October 2013. Sadara is a...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Warren-Wilder-joins-Sadara-board-of-directors_55804.html
October 8, 2013
Sabic is implementing a major reshuffle of executive v.p.'s, including some promotions. The move follows the retirement of Abdullah Bazid, executive v.p./corporate strategy and...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sabic-shuffles-executive-v-p-roles_55746.html
October 8, 2013
Fertilizer capacity in the Gulf Cooperation Council (GCC) states, which include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates, will rise by 47% in the next...
http://www.chemweek.com/regions/middle_east/saudi_arabia/GCC-fertilizer-capacity-to-rise-by-close-to-50-percent-in-next-five-years_55738.html
October 6, 2013
Advanced Petrochemical Co. (Advanced; Dammam, Saudi Arabia) has appointed a new board of directors. Khalifa bin Adbullatif Al Melhem has been appointed chairman of the board. The...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Advanced-Petrochemical-appoints-new-board-of-directors_55700.html
October 1, 2013
Dow Chemical and Saudi Aramco’s joint-venture megaproject, Sadara Chemical, is on budget and on schedule, with 90% of the engineering, 70% of the procurement, and 20-25% of the construction complete, says William Weideman, CFO of Dow Chemical....
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sadara-megaproject-on-schedule-for-2015-says-Dow_55464.html
September 30, 2013
Arkema, the world’s second-largest producer of organic peroxides; and Saudi investment company Watan Industrial Investment have signed an agreement for the construction of an...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Arkema-and-Watan-Industrial-Investment-form-organic-peroxides-JV-in-Saudi-Arabia_55505.html
September 27, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khubar) has announced that it has commenced operations at its International Polymers Co. (IPC) affiliate. Operations began on...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Sipchem-begins-commissioning-of-EVA-LDPE-complex_55475.html
September 26, 2013
The previously announced commissioning of the Satorp refinery and petrochemical complex, a joint venture between Total and Saudi Aramco at Al Jubail, has begun, Total announced today...
http://www.chemweek.com/regions/middle_east/saudi_arabia/Satorps-petrochemical-units-to-start-up-by-year-end_55448.html
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