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Algeria (28) South Africa (93) Libya (16) Egypt (65)
ALGERIA Tata Consulting Engineers to project manage fertilizer complex in Nigeria
Tata Consulting Engineers (TCE; Mumbai) has won a contract to provide project management at Dangote Group's (Lagos) planned $1.9-billion fertilizer plant at Edo, Nigeria, TCE announced. TCE will assist Dangote with review engineering, construction management... Indorama Eleme secures $375-million loan for fertilizer plant in Nigeria
Indorama Eleme Fertilizer & Chemicals (Port Harcourt, Nigeria) has secured a $375-million financing package from the International Finance Corp. (IFC; Washington), a member of the World Bank Group, for the construction of Indorama Eleme's previously... Indorama Eleme receives $100-million loan from AfDB for urea project in Nigeria
The African Development Bank (AfDB; Abidjan, Ivory Coast) has approved a senior loan of $100 million to Indorama Eleme Fertilizer & Chemicals (IEFC) to build and operate a previously announced gas-to-urea plant at Port Harcourt, Nigeria, the bank... DuPont, USAID work with Ethiopia to improve food security
The US Agency for International Development (USAID; Washington) has signed a memorandum of understanding with DuPont and Ethiopia to boost maize harvests through increased use of hybrid maize seed, improved seed distribution, and post-harvest storage. Maize... Univar Opens Office in Tunisia
Univar has announced that its legal entity in Tunisia is now fully operational. The new office will operate alongside similar Univar entities in Morocco, Egypt, and Algeria. The Tunisia office builds on Univar's existing business in the country, where it has... More Stories » SOUTH AFRICA Lanxess's chrome mine in South Africa hit by strike
Miners at the Rustenburg, South Africa, chrome mine owned by Lanxess went on an strike on Thursday and are still striking today. A spokesperson for Lanxess told CW that the miners are demanding an annual performance payment (APP) in addition to the... Sasol to defend propylene and PP pricing policies before competition tribunal
The Competition Tribunal (Pretoria) is set to hear next week the case brought against Sasol by the Competition Commission (Pretoria), under which Sasol was accused of charging excessive prices for propylene and polypropylene (PP) in the South African market... Frutarom acquires South African flavor company
Frutarom Industries (Haifa, Israel) says it has signed an agreement to acquire South African flavor company JannDeRee (Johannesburg) for $5.2 million. The transaction was completed at the time of signing. JannDeRee, founded in 1993, develops, manufactures... Linde Electronics and Pelchem form xenon difluoride distribution alliance
Linde Electronics and the fluorochemicals producer Pelchem (Pretoria) have formed a strategic partnership to distribute xenon difluoride (XeF2), which is used in microelectromechanical systems (MEMS). MEMS are miniaturized electromechanical elements that are... Ethiopian Potash acquires exploration authorization rights in Mali
Ethiopian Potash Corp. (EPC; Toronto) and AIM-listed Premier African Minerals (London) have signed a definitive contract for the sale of Premier's G&B African Resources Mali subsidiary to EPC, the two companies have announced. G&B holds rights to... More Stories » LIBYA DuPont, USAID work with Ethiopia to improve food security
The US Agency for International Development (USAID; Washington) has signed a memorandum of understanding with DuPont and Ethiopia to boost maize harvests through increased use of hybrid maize seed, improved seed distribution, and post-harvest storage. Maize... Indorama Starts Up PET Plant in Nigeria
Indorama Ventures (Bangkok) says its Indorama PET Nigeria (Port Harcourt, Nigeria) subsidiary, on July 19, started up the previously announced 75,000-m.t./year solid state polymerization polyethylene terephthalate (PET) plant at Port Harcourt. Plans for the... Syngenta to Invest $500 Million in Africa
Syngenta says it plans to build a $1-billion business in Africa over the next 10 years and that the company will make cumulative investments of over $500 million in support of this undertaking. The planned investments will involve the recruitment and training... BASF 'Concerned' About Situation in Libya
BASF is "concerned about Libya" and "hopes the situation will calm down soon," chairman Jürgen Hambrecht says. Wintershall, the energy subsidiary of BASF, halted oil and gas production at its fields in Libya earlier this week and is... Yara Halts Urea Production in Libya Due to Unrest
Yara says it has halted production at its Lifeco fertilizer joint venture in Libya due to violent unrest that is spreading across the country. The company says that the move is a precautionary measure and that there are no signs of turmoil in the vicinity of... More Stories » EGYPT Iran, Egypt, Turkey agree to form petrochemical industry association for developing countries
Iran, Egypt, and Turkey have agreed to form the core of a new industry association, the International Petrochemical Association, an OPEC-like body that will enable cooperation among stakeholders in the Developing 8 (D-8) countries, according to various... Makhteshim's first-quarter net profit up 1%
Generic pesticide producer Makhteshim Agan (Tel Aviv) says its first-quarter net income rose 1%, to $90.2 million from $89.3 million, during the same quarter last year. Ebitda went up 3.3%, from $163.2 million in the first quarter of 2012 to $168.5 million... Toyo Engineering awarded contract for polyethylene plant in Egypt
Toyo Engineering (Narashino, Japan) says it has been jointly awarded with the Engineering for the Petroleum & Process Industries (Enppi; Cairo), a contract to build a 400,000-m.t./year polyethylene (PE) plant at Alexandria, Egypt. The contract, which is... DuPont, USAID work with Ethiopia to improve food security
The US Agency for International Development (USAID; Washington) has signed a memorandum of understanding with DuPont and Ethiopia to boost maize harvests through increased use of hybrid maize seed, improved seed distribution, and post-harvest storage. Maize... Egyptian president opens EStyrenics' complex at Alexandria
Egypt’s president Mohamed Morsi has opened a complex producing styrene and polystyrene at the Dekheila Port at Alexandria, Egypt. The plant was built by the Egyptian Styrenics Production Co. (EStyrenics; Nasr City, Egypt) at a total investment cost of... More Stories »
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