IHS Chemical Week

Ma'aden invests more than $6 billion to build third phosphate manufacturing complex

December 1, 2016 | Natasha Alperowicz

Saudi Arabian Mining Co. (Ma'aden) has announced it is developing a third phosphate fertilizer complex....

OPEC members agree to cut crude production by 1.2 million bbl/day

November 30, 2016 | OPIS

OPEC Wednesday began its summit in Vienna, Austria, by agreeing to its first cut in crude oil production since 2008. Beginning in January, OPEC is set to scale back production to 32.5 million bbl/day, according to Mohammed bin Saleh Al-Sada, president of the conference.  The cutback of 1.2 million bbl/day, or about 1% of total global oil production, represents the lower end of the spectrum discussed by the group earlier this year in Algiers....

Borealis studies melamine JV in Algeria

November 30, 2016 | Ian Young

Borealis says it has signed an agreement with Asmidal (Annaba, Algeria) to evaluate opportunities to develop jointly a melamine production project in Algeria. A feasibility study will be carried out in the coming months and a final investment decision is...

Saudi Arabia inaugurates Sadara, Satorp complexes

November 29, 2016 | Natasha Alperowicz

Saudi Arabia's king Salman bin Abdulaziz al-Saud today inaugurated the Sadara Chemical and Saudi Aramco Total Refining and Petrochemical complexes....

Shell outlines plans for Iran, Iraq, US; mulls investment in Qatar

November 29, 2016 | Natasha Alperowicz in Dubai

Shell Chemicals has provided an update on its investment plans in Iran, Iraq, and the United States and says it is considering investing in Qatar....

GPCA: Equate upbeat following expansion, TKOC may be added

November 28, 2016 | Natasha Alperowicz in Dubai

Equate Petrochemical Co. (Kuwait City) is upbeat about the future following the acquisition last December of MEGlobal, a leading producer of ethylene glycol (EG), from Dow Chemical and Petrochemical Industries Co. (PIC) for $3.2 billion and the recent completion of a polyethylene (PE) debottlenecking project at Shuaiba....

GPCA:  Aramco, Dow Chemical call on GCC region to reform

November 28, 2016 | Natasha Alperowicz in Dubai

Excutives from Saudi Aramco and Dow Chemical gave keynote speeches at today's GPCA forum in Dubai....

GPCA: UAE minister calls on GCC region to accelerate growth, forge alliances

November 28, 2016 | Natasha Alperowicz

The petrochemical industry in the GCC region has grown 10%/year over the past 15 years but to keep up with the significant increase in demand, the region will have to accelerate growth....

GPCA chairman calls on industry to adjust and consolidate to survive

November 28, 2016 | Natasha Alperowicz in Dubai

The formal proceedings of the Gulf Petrochemical and Chemical Association annual forum kicked off in Dubai today....

GPCA: Industry remains buoyant despite market volatility

November 27, 2016 | Natasha Alperowicz in Dubai

The petrochemical and chemical industry in the Gulf Cooperation Council states will remain buoyant in the face of challenging economic conditions, according to the latest report by the Gulf Petrochemical and Chemical Association (GPCA), issued to coincide with the annual GPCA forum under way in Dubai....

Exclusive: Abu Dhabi to double petchems capacity, enter aromatics, build Borouge 4 based on liquid cracker, new export refinery

November 27, 2016 | Natasha Alperowicz in Dubai

Abu Dhabi has embarked on an expansion plan that includes doubling petrochemical capacity, entering the aromatics business, and building an export-oriented refinery....

Arlanxeo seeks to keep market share; Lanxess to deconsolidate operation in three years

November 26, 2016 | Natasha Alperowicz

Arlanxeo, the equally owned synthetic rubber joint venture (JV) between Lanxess and Saudi Aramco, will seek to keep its high share of the global market, says Jan Paul de Vries, CEO....

ICL reports third-quarter loss following termination of Ethiopia potash, worldwide ERP projects

November 23, 2016 | Francinia Protti-Alvarez

Israel Chemicals Ltd. (ICL; Tel Aviv) reports an operating loss of $331 million in the third quarter. The result includes write-offs totaling $489 million resulting from the previously disclosed termination of projects. The write-offs include $282 million...

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