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Regions :: Africa

Libya (5)
Egypt (11)


ALGERIA

Algeria Adds Huge Capacity for Ammonia and Urea
Algeria Oman Fertilizer Co. (Algiers), a 51-49 joint venture between Oman Bahwan Group (Muscat) and Sonatrach (Algiers), has signed contracts with Mitsubishi Heavy Industries (MHI) and Daewoo Engineering & Construction (Seoul) to build a $2.4-billion...

Engro Seeks Fertilizer JV in Algeria
Engro Chemical Pakistan (Karachi) is seeking to establish a joint venture with Perphos (Algiers) to manufacture phosphate fertilizers in Algeria. Engro said in a filing to the Karachi Stock Exchange last week...

SOUTH AFRICA

BASF Acquires Auto Refinishing Firm
BASF says its BASF Coatings Services unit will acquire MAB Auto Body...

Mitsubishi Chemical and Sasol End Acrylic Acid and Acrylates JV
Mitsubishi Chemical and Sasol Chemical Industries have agreed to dissolve their acrylic acid and acrylates Sasol Dia Acrylates (SDA) joint venture in South Africa. The jv manufactures and markets the products, and...

Sasol Chemical Profits Return to Black
Sasol reported chemical operating profit of R4.3 billion ($601 million) for its fiscal year ended June 30, compared to a R1.5-billion loss for the year-ago period. Sales rose 19%, to R77 billion ($8.2 billion). The polymers business reported operating profit...

... Sasol Launches N2O Emission Abatement Project
Sasol says it has become the first company to register a nitrous oxide (N2O) abatement project, using secondary catalyst technology to convert the greenhouse gas N2O into nitrogen and oxygen, under the Kyoto Protocol’s Clean Development Mechanism (CDM)...

Danisco to Buy South African Bakery Enzymes Business
Danisco has signed an agreement to acquire the shares of Innovative Ingredients (Cape Town, South Africa), a maker of industrial bakery enzymes for the South African market. Financial terms of the deal were not disclosed. The acquisition will significantly...

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LIBYA

Yara to Establish Fertilizer JV in Libya
Yara International ASA (Oslo) says it has completed all agreements with the National Oil Corporation of Libya (NOC; Tripoli) and the Libyan Investment Authority (LIA; Tripoli) to establish a previously announced joint venture for the production and marketing...

Yara Signs JV Agreement in Libya …
Yara International (Oslo) says it has signed a framework agreement with National Oil Corp. (NOC; Tripoli) and the Libyan Investment Authority (LIA; Tripoli) to establish a fertilizer production joint venture in Libya. The partners signed a heads of agreement...

Yara Signs Joint Venture Agreement in Libya
Yara (Oslo) says it signed a joint venture framework agreement today with the National Oil Corporation (NOC; Tripoli) and the Libyan Investment Authority (LIA; Tripoli) to establish a fertilizer production joint venture in Libya. The partners signed a...

Yara Follows Dow to Libya
Yara (Oslo) says it has agreed to form a fertilizer joint venture in Libya with National Oil Corp. (NOC; Tripoli). The 50-50 jv will take over ammonia and urea plants currently operated by NOC at Marsa el Brega, Libya. The plants have capacity for 700,000...

Dow Plans Petchem JV in Libya; Eyes Ethane Cracker
Dow Chemical and Libya’s state-owned National Oil Corp. (NOC; Tripoli) have announced plans to form a joint venture to refurbish and operate NOC’s Ras Lanuf petrochemical complex in Libya, on North Africa’s Mediterranean coast. The Ras Lanuf...

EGYPT

Agrium’s Planned Complex in Egypt May Be Relocated
Discussions between the Egyptian government and Agrium to resolve a dispute over the construction of a previously announced fertilizer complex at Ras el-Barr, Damietta, Egypt, focus on three possible solutions, local reports say. Agrium has a 60% stake in...

Parliament Vote Threatens Agrium Egypt Venture
The Egyptian Peoples Assembly, the country’s parliament, has recommended the relocation of EAgrium’s (Cairo) $1.4-billion fertilizer project at Damietta, Egypt. The Egyptian prime minister says he will support the recommendation...

Construction Still Idle at Agrium Fertilizer Project in Egypt
Agrium says that construction has not resumed at the Damietta, Egypt site of the company’s EAgrium (Cairo) joint venture fertilizer project. Work was halted on April 21 after local residents raised concerns over the potential health and environmental...

Egyptian Parliament Vote Jeopardizes Agrium's Fertilizer JV
A decision made today by the Egyptian Parliament brings into question Agrium's position in a $1.4-billion fertilizer complex that the company's majority-owned jv EAgrium (Cairo) is building at Damietta, Egypt. The Egyptian Peoples Assembly has decided to...

Shell Plans Next Wave of Projects in Shift to Asia and Mideast...
Shell Chemicals continues to shift its assets to Asia and the Mideast and says that a recently announced world-scale propylene oxide-styrene monomer (POSM) project will form part of that strategy (CW, June 2, p. 9). The company says it has not decided whether...

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