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Algeria (19) South Africa (59) Libya (13) Egypt (51)
ALGERIA New Office in Kenya Strengthens BASF's Presence in Africa The opening by BASF today of an office in Nairobi, Kenya will increase the company's presence in growing African markets and will serve customers in the East Africa and Sub-Sahara regions. Sales for BASF in Africa during 2010, excluding oil and gas, were... OCP Awards Fertilizer Plant Contracts to Jacobs Jacobs Engineering SA (JESA), an equally owned joint venture between Jacobs Engineering and OCP (Casablanca), has been selected to provide engineering, procurement and construction management services for two new diammonium phosphate (DAP)... OCI Reports Solid Results Despite Recent Political Unrest in Egypt OCI (Cairo), a conglomerate that covers production of fertilizers as well as plant construction activities, says fourth quarter consolidated Ebitda and net income grew 39% and 76% to E£1.82 billion ($317.8 million) and E£1.06 billion respectively... Egyptian Firm Buys Ammonia Terminal at the Port of Rotterdam Orascom Construction Industries (OCI; Cairo) says its OCI Fertilizer International subsidiary has signed an agreement to acquire Micro Chemie. Micro Chemie owns and operates ammonia storage tanks with combined storage capacity of 30,000 m.t. and has a lease... Univar to Establish Subsidiaries in North Africa The company will distribute Dow Corning's silicones in four countries in the region... More Stories » SOUTH AFRICA Air Liquide Invests €40 Million in Air Separation Unit in South Africa Air Liquide said today that it will invest €40 million in a new air separation unit (ASU) in South Africa. This follows the signing of a long-term contract with Evraz Highveld Steel and Vanadium, the second largest steel producer... South Africa Blocks Chemicals Merger, Future of CMC Producer Uncertain South Africa's Competition Commission (Pretoria) on Tuesday blocked a bid by Senmin International, a unit of AECI, to acquire Cellulose Derivatives (Pretoria). The commission says that the merger “was essentially the same transaction that was previously... Qapco Opens Office in South Africa Qatar Petrochemical Co. (Qapco; Doha) says it has opened a new representative office at Cape Town, South Africa. The establishment of this... Sasol to Sell One of Its Production Sites in Germany Sasol Germany (Hamburg) has agreed to sell its production site at Witten, Germany, and the associated oleochemicals business to Cremer Oleo (Hamburg). Approval by the relevant German competition authorities is pending. Details about the price of the transaction have... New Office in Kenya Strengthens BASF's Presence in Africa The opening by BASF today of an office in Nairobi, Kenya will increase the company's presence in growing African markets and will serve customers in the East Africa and Sub-Sahara regions. Sales for BASF in Africa during 2010, excluding oil and gas, were... More Stories » LIBYA 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... Fire at Yara’s JV Site in Libya Kills Two Yara International says that a fire occurred at the company’s Libyan Norwegian Fertiliser Co. (Lifeco) joint venture site at Marsa El Brega, Libya on July 11, while production was stopped for maintenance, and that two employees were killed... BP's Woes Mount The U.K. media is continuing to speculate on the future of BP, following the oil spill in the Gulf of Mexico. The Times newspaper reports today that the UK government is drawing up contingency plans for a possible collapse of BP as fears mount that it will be... Yara Signs Final Agreements for Fertilizer JV in Libya It has a 50% stake in the new company with two Libyan firms jointly holding the rest.... More Stories » EGYPT KBR Awarded Contract for Ammonia Plant in Egypt KBR (Houston) says it has been awarded a contract by Tecnimont for the license and basic engineering design of a new ammonia plant to be built by Chemical Industries Holding (Cairo) at Aswan, Egypt. KBR will provide Chemical Industries Holding with a... Orascom to Demerge its Construction Business from its Fertilizer Business Orascom Construction Industries (OCI; Cairo) says its board of directors has decided to demerge the company’s construction business from its fertilizer business. OCI will file an application with the Egyptian Financial Supervisory Authority in order to... New Office in Kenya Strengthens BASF's Presence in Africa The opening by BASF today of an office in Nairobi, Kenya will increase the company's presence in growing African markets and will serve customers in the East Africa and Sub-Sahara regions. Sales for BASF in Africa during 2010, excluding oil and gas, were... Demonstrations Force Shutdown of Methanex and Agrium Plants in Egypt Methanex and Agrium have each suspended production temporarily at manufacturing plants at Damietta, Egypt due to demonstrations in the area. EMethanex, a 60-40 joint venture between Methanex and an Egyptian-Saudi consortium, halted output at its 1.3-million... Tecnimont Awarded Large Fertilizer Contract in Egypt Tecnimont has been awarded a $540-million lump sum, turnkey engineering, procurement, construction and commissioning contract by Egyptian Chemical & Fertilizers Industries Co. (Kima) for the supply... More Stories »
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