IHS Chemical Week

Regions :: Africa

Algeria (46)

South Africa (155)

Libya (18)

Egypt (93)


ALGERIA

OCP inaugurates fertilizer complex in Morocco
Office Chérifien des Phosphates (OCP; Casablanca) has inaugurated a fertilizer production unit, named Africa Fertilizer Complex, at Jorf Lasfar, Morocco. OCP invested a total of 5.3 billion Moroccan dirham ($536.8 million) to build the fertilizer...

Nuberg Engineering commissions three chemical plants
Nuberg Engineering (Noida, India), an engineering, procurement, and construction company, says that it recently commissioned three major industrial chemical plants in Abu Dhabi, Algeria, and Ethiopia. The projects comprise a chlor-alkali plant for Al Ghaith...

OPEC: Oil price likely to rise to $70/bbl by 2020
In its latest annual World Oil Outlook (WOO) published on Wednesday, OPEC assumes the price of oil rising to $70/bbl in 2020 and $95/bbl in 2040, expressed in 2014 prices. These translate to a nominal price of $80/bbl in 2020, almost $123/bbl by 2030, and...

BASF opens construction chemicals plant in Nigeria
BASF has inaugurated a production plant for concrete admixtures at Lagos, Nigeria. The facility is designed to meet increasing demand for construction chemicals in West Africa, BASF says. It produces standard and custom-made performance concrete additives...

Distributor Azelis establishes subsidiary in Morocco
Azelis (Antwerp), a distributor of specialty chemicals, has established a subsidiary based in Casablanca. The subsidiary will focus initially on distributing ingredients and additives for the food and health industry in Morocco. Azelis says it will look to...

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SOUTH AFRICA

Sasol results impacted by low oil prices, chemicals expansion project at Secunda
Sasol, in its trading statement for the six months ended 31 December 2015, which cover the company’s first half of 2016, says business continued to perform strongly across most of the company’s value chain during the period. The business, however...

African Potash acquires fertilizer trader
African Potash (London) says it has acquired the main fertilizer trading activities of Beryl Holdings (Johannesburg). Beryl Holdings has transferred the activities, consisting of trading, logistics, and financing into a newly formed company, African...

Sasol appoints joint CEOs
Sasol has appointed Bongani Nqwababa and Steve Cornell as joint-presidents and CEOs of the company, effective 1 July 2016. The announcement follows the decision last June of current Sasol president and CEO David Constable not to extend his contract with Sasol...

Brenntag acquires specialties distributor in South Africa
Brenntag says it has agreed to acquire specialties distributor Plastichem (Kempton Park, South Africa). The transaction, terms of which have not been disclosed, is expected to close in the coming weeks. Plastichem distributes high-performance polymers for...

Oiltanking buys stake in Mozambique tank terminal projects, agrees on feedstock storage deal with Ineos in Europe
Oiltanking (Hamburg) says it has agreed to acquire an unspecified stake in Galana Mozambique, the tank storage subsidiary of refined-products trading and logistics company Galana Group (Dubai). The transaction gives Oiltanking an indirect shareholding in two...

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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

Ferro to acquire Egypt tile coatings manufacturer
Ferro says that it has agreed with the shareholders of tile coatings manufacturer Al Salomi for Frit and Glazes (Cairo) to acquire Al Salomi on a cash-free and debt-free basis for about $39 million in cash. Al Salomi is one of the leading manufacturers of...

UOP to upgrade refinery in Egypt
UOP, a Honeywell company announced on Tuesday that Egypt's Alexandria National Refining & Petrochemicals Co. (ANRPC) will use UOP technology and equipment as part of a $300-million, multi-year project to expand an existing gasoline production facility to...

OCI will retain large portion of business post CF transaction
OCI NV has provided further details about the businesses it will not transfer to the new CF, in the merger transaction, which will create the world’s largest nitrogen player. OCI NV will continue to be headquartered in Amsterdam and trade on Euronext...

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...

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