IHS Chemical Week
MIDEAST/AFRICA

Strike at ICL ends with deal on job cuts, efficiency measures

6:34 AM MDT | June 1, 2015 | Ian Young

A strike that disrupted production of bromine and potash at Israel Chemicals Ltd. (ICL; Tel Aviv) for more than three months has ended with agreement on an efficiency program that includes fewer job losses than ICL originally announced. Workers went on strike...


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Sipchem commissions cable insulation polymers plant

Saudi International Petrochemical Co. (Sipchem) on Monday announced the start of commercial operations at its cable insulation polymers plant owned by its affiliate Gulf Advanced Cables Insulation Co. (GACI), located at the Jubail Industrial City complex...

YanSab restarts ethylene glycol plant at Yanbu

Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, says that it has now restarted its ethylene glycol (EG) facility at Yanbu, Saudi Arabia, following maintenance. The entire YanSab complex was down for a planned maintenance but...

Petro Rabigh halts hydrogen production for technical reasons

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has announced the stoppage of a hydrogen manufacturing plant at the Rabigh, Saudi Arabia complex because it required urgent attention due to a fault in the piping system. The...

Dow Specialties to build reverse osmosis membrane plant at Sadara site

Sadara Basic Services Co., wholly owned by Sadara, a joint venture of Saudi Aramco and Dow Chemical, has subleased approximately 43,000 square meters of land on the Sadara site at Jubail Industrial City II to Dow Specialties, on which Dow will build and...

Borealis and Borouge open sales office in Casablanca

Borealis and Borouge have announced the opening of a sales office in Casablanca, Morocco. Borealis owns the new legal entity, which is registered in Morocco. The office reflects the companies’ aim to intensify cooperation to meet growing demand for...

Orpic closes $905-million loan facility

Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has closed a 350-million Omani rial ($905.3 million) syndicated corporate loan facility for the company's Mina Al Fahal, Oman, refinery site. The syndicated facility was arranged by BankMuscat...

ICL to sell pharma, cosmetics, and gypsum businesses to One Rock

Israel Chemicals Ltd. (ICL; Tel Aviv) says that its performance products segment has agreed to sell the company's Germany-based pharmaceutical, cosmetics, and gypsum (PCG) businesses to an affiliate of One Rock Capital Partners (New York), a private equity...

Johnson Matthey acquires StePac modified atmosphere packaging business

Johnson Matthey says that, on 18 May, it acquired the StePac (Tefen Industrial Park, Israel) modified atmosphere packaging (MAP) business from DS Smith (London) for £18.0 million ($27.8 million). StePac, which employs about 90 people, is a leading...

Abu Dhabi extends loan for Egyptian projects, Tahrir funding expected by yearend

Gulf Capital (Abu Dhabi) and Carbon Holdings (Cairo), on Monday announced the signing of a debt financing agreement to support three of Carbon Holdings’ previously announced industrial projects at Ain Al Sokhna on the Suez Canal in Egypt, in a bid to...

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