IHS Chemical Week

Regions :: Africa

Algeria (38)

South Africa (135)

Libya (18)

Egypt (84)


ALGERIA

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...

Samsung Engineering awarded gas development contract in Algeria
Samsung Engineering has signed a contract with Groupement Timimoun (GTIM), a joint venture between Sonatrach (Algiers) Total and Cepsa (Madrid) covering the Timimoun field development project worth $800 million, the company announced today. The signing...

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SOUTH AFRICA

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...

Lupin Pharmaceuticals buys leading South African generics player
Lupin Pharmaceuticals (Mumbai), India’s third-largest pharma company by sales, said today that it has agreed to acquire the 40% it does not already own in Pharma Dynamics (Cape Town), a leading generic pharma company in South Africa, from its founders...

Sasol reports strong operational performance
Sasol (Johannesburg) today reported its interim financial results covering the six months ended 31 December 2014. Earnings attributable to shareholders rose 54%, to 19.5 billion South African rand ($1.61 billion), with headline earnings per share increasing...

IFF expands flavors facility in South Africa
International Flavors & Fragrances (IFF), a creator of flavors and fragrances for consumer products, says that it has expanded its flavors facility at Isando, South Africa. The new facility includes flavor creation, application and sensory laboratories...

Brenntag to acquire specialty chemicals distributor in South Africa
Brenntag says that it has agreed to acquire Lionheart Chemical Enterprises (Johannesburg), a specialty chemicals distributor in the South African market operating mainly in the food and beverage sector. Financial details of the deal have not been disclosed...

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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

Sanmar to double PVC capacity in Egypt
Sanmar Group (Chennai, India) will invest $350 million to expand its chemical facility at Port Said, Egypt, the Egyptian embassy in New Delhi says. Plans include a doubling of polyvinyl chloride (PVC) capacity. The news emerged during a meeting between Hatem...

Egypt to commission petchem complex end of this year
Egyptian Ethylene and Derivatives Co. (Ethydco) plans to commission its $1.9 billion petrochemical complex at Alexandria by the end of this year, according to Sherif Ismail, Egypt’s Minister of Petroleum. The complex will contribute greatly to...

OCI confirms demerger details of fertilizers and chemicals from engineering & construction
OCI NV (Amsterdam) has confirmed that the previously announced demerger of its fertilizers and chemicals business from the construction activities is expected to take place through a $1.4-billion reduction in OCI NV’s share capital whereby OCI NV...

CB&I awarded contract for polypropylene project in Egypt
CB&I today announced that it has been awarded a contract by Carbon Holdings (Cairo) for the license and engineering design of a polypropylene (PP) unit to be built at Ain Sokhna, Egypt. The unit will be aligned to the previously announced Tahrir...

Egypt signs agreements with Kuwaiti firms for petrochemical, fertilizer projects
Egypt has agreed on deals with Kuwaiti companies for the establishment  of fertilizer and petrochemical projects worth $6.8 billion, according to a statement on 15 February by the Egyptian government. The projects will be announced at the Egypt Economic...

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