IHS Chemical Week

Regions :: Africa

Algeria (39)

South Africa (139)

Libya (18)

Egypt (90)


ALGERIA

OCI reports lower sales and production volumes due to plant upgrades, gas shortages
OCI (Amsterdam), a global producer of fertilizers and methanol, in its trading update on Wednesday said that first quarter 2015 revenue was lower than in the same period last year, mainly due to a decrease in product volumes sold. However, consolidated...

Updated economic assessment filed for fertilizer project in Mali
Great Quest Fertilizer Ltd (Vancouver) has filed an updated preliminary economic assessment of the company's Tilemsi phosphate project in Mali. The update includes a pilot plant phase of operation announced on 18 December 2014. The addition of the pilot phase...

Morocco's OCP posts third-quarter revenue up 13% on higher pricing, volume
Office Chérifien des Phosphates (OCP; Casablanca) reports 11.6 billion Moroccan dirhams ($1.30 billion) in revenue during the third quarter, up 13%  from DH10.2 billion one year earlier. Ebitda also increased, from DH3.44 billion in the third...

KBR awarded contract to revamp two ammonia plants in Algeria
KBR said today that it has been awarded a contract by the Algerian fertilizer producer Fertial to provide licensing and engineering design services to revamp Fertial’s ammonia plants located at Annaba and Arzew, Algeria. KBR will supply its proprietary...

Reports: Sonatrach and Spanish conglomerate sign agreements related to fertilizer JV's
Sonatrach (Algiers) and the Villar Mir (Madrid) conglomerate signed two agreements related to their fertilizer activities in Algeria, local media sources report. The first agreement revises several undisclosed aspects of the Fertial (Annaba, Algeria) 66-34...

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SOUTH AFRICA

Evonik expands global R&D for cosmetics, personal care
Evonik Industries is globalizing its R&D activities for the global cosmetics industry, and at the same time using local R&D to strengthen its position in important growth markets. The company recently opened innovation centers in Midrand (South...

Sasol wins appeal in pricing of propylene and polypropylene case
Sasol told the Stock Exchange News Service (Johannesburg) on Thursday that the South African Competition Appeal Court on 17 June upheld Sasol’s appeal against the Competition Tribunal in respect of Sasol’s pricing of propylene and polypropylene...

Sasol's CEO to step down next May
David Constable, president and CEO of Sasol (Johannesburg), will step down from his role at the end of May next year and move into an advisory role, the company announced on Monday. Sasol says that the company's president and CEO needs to...

Sasol commissions phase I of wax expansion project
Sasol said on Tuesday that phase I of its Fischer-Tropsch wax expansion project (FTWEP) at Sasolburg, South Africa, has been commissioned. “It marks another step towards expanding our Southern African operations as part of our dual regional strategy...

RPM acquires South African spray paint manufacturer
RPM says that its Rust-Oleum (Vernon Hills, IL) paints and coatings business has acquired Spraymate Group (Randvaal, South Africa), the producer of South Africa's leading aerosol paint brand. Financial terms of the transaction, which is expected to be...

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LIBYA

Yara writes down Lifeco investment in Libya
Yara International (Oslo) said today that, because of the worsening security outlook in Libya, the operating ability of its Lifeco joint venture plants are highly likely to keep deteriorating in 2015. Yara says that, given an already challenging...

Norway fines Yara for corrupt payments related to Libya, India expansions
The board of Yara International (Oslo) has informed the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Økokrim) that the company acknowledges guilt and accepts a corporate fine and confiscation...

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...

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EGYPT

Technip signs agreements to modernize oil refineries in Egypt
Technip's Italy arm and the export credit insurance group SACE (Rome) have finalized a previously announced agreement with Middle East Oil Refinery (Midor) to modernize and expand the Midor refinery near Alexandria, Egypt, in the frame of the long-standing...

Egypt awards contract to CB&I for large ethylbenzene-styrene plant
CB&I on Thursday announced Carbon Holdings awarding it a contract for the license and basic engineering design of an ethylbenzene and styrene plant to be built at Ain Sokhna, Egypt. The units will be a part of the previously announced Tahrir...

Axens to provide technologies for Egyptian refinery
Assiut Oil Refining Co., (Asorc) has selected Axens to supply technologies for a refinery upgrading project, which consist of a new complex for producing high-octane gasoline. This project aims to satisfy domestic market needs for high-quality gasoline. Axens...

Egypt to finalize studies for PDH-PP joint venture with Kuwait's Boubyan
By October, Egyptian Petrochemicals Holding Co. (Echem; Cairo) will finalize the technical and financial studies for a propane dehydrogenation and polypropylene (PP) joint venture project with Boubyan Petrochemical (Safat, Kuwait) at Alexandria, Egypt...

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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