IHS Chemical Week
MIDEAST/AFRICA

Orpic to float EPC tender early next year for Liwa plastics project in Oman

5:32 AM MST | November 25, 2014 | Natasha Alperowicz in Dubai

Al Mahruqi: A start of a new era for petrochemicals in Oman. Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) will issue invitations to bid for its $3-4 billion petrochemical project, the Liwa plastics project, in the first quarter of...


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MORE MIDEAST/AFRICA

GPCA: Diversification will create new opportunities in the Mideast

The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up from the current volume of 140 million m.t./year, according to the Gulf...

GPCA: Equate's manufacturing complex down for turnaround; debottlenecking project makes progress

Equate (Safat, Kuwait), a joint venture between Petrochemical Industries Co. (PIC), Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, says that a large part of its petrochemical complex at Shuaiba, Kuwait is currently down for a...

Adama postpones IPO as a result of lower grain prices

Adama Agricultural Solutions (Airport City, Israel), a major generic crop protection solutions company, has postponed its previously announced initial public offering and ceased marketing of its ordinary shares. Adama made the announcement earlier this...

GPCA: Aramco CEO calls for switch to mixed-feed crackers as gas feedstocks run short

The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is: “What’s next for the chemical industry,” is taking place amid...

Givaudan develops Mideast presence with expanded technical center, regional offices at Dubai

Givaudan (Vernier, Switzerland), a market leader in the global fragrance and flavor industry, says it has opened an expanded technical center and regional offices at Dubai. The state-of-the-art facilities are in response to growing demand for flavors from...

ICL to reconsider decision to close magnesium plant

Israel Chemicals Ltd. (ICL; Tel Aviv) says that its management will consider recommending to the board of directors of the company that it reconsider its previously announced decision to close ICL’s magnesium plant in Israel in January 2017. ICL’s...

Frutarom reports record results helped by emerging markets and acquisitions

Frutarom Industries (Herzelia, Israel), one of the top-ten companies in the flavors and fine ingredients market, today reported a 42.0% rise in third-quarter net income to $24.2 million on 31.9% higher sales of $210.8 million. Operating profit was up 37.1% to...

Sadara signs contracts with Marafiq utility company

Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co. (Sadara), announced today that Sadara has entered into 30-year agreements with the Power and Water Utility Company for Jubail & Yanbu (Marafiq). Sadara, a joint venture between...

Dow shares in Kuwaiti jv's will be offered to the local public, PIC says

 Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which Dow Chemical plans to sell off, according to Asaad Al Saad, CEO of Petrochemical Industries Co. (PIC; Kuwait City). PIC is Dow’s partner along with local Boubyan...

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