IHS Chemical Week

Regions :: Middle East

Saudi Arabia (698)

Kuwait (91)

U.A.E. (187)

Iran (89)

Qatar (134)

Oman (78)


SAUDI ARABIA

Takween Advanced Industries to acquire Savola's plastics packaging business
The Savola Group (Jidda, Saudi Arabia) on Tuesday signed a nonbinding memorandum of understanding (MOU) and commenced exclusive discussions with Takween Advanced Industries (Al Khobar, Saudi Arabia) to sell Savola's wholly owned packaging subsidiary. The...

Saudi Arabian fertilizer industry set for growth and diversification
The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al Sadoun, secretary-general of the Gulf Petrochemicals & Chemicals Association (GPCA; Dubai)...

Sabic reports higher sales and profit, says US shale unlikely to make impact for some time
Sabic today reported second-quarter net profit increased 7%, to 6.46 billion Saudi riyals ($1.72 billion), with operating profit rising 1%, to SR10.07 billion. Sales were up 7% to SR48.15 billion. Mohamed Al Mady, CEO, addressing a news conference at Riyadh...

Several Saudi firms report second-quarter earnings
Several Saudi Arabian petrochemicals producers have reported their second quarter results. Sabic affiliate Saudi Kayan losses in the quarter have narrowed. The company reported net loss of 133.1 million Saudi riyal ($35.5 million) in the second quarter...

Chemanol closes para-formaldehyde plant following a fire
Methanol Chemicals Co. (Chemanol; Dammam, Saudi Arabia) has announced that a fire broke out at its para-formaldehyde plant at Al Jubail on Friday afternoon. The company’s firefighters, with the help of nearby companies and civil defense teams, have...

More Stories »

KUWAIT

GCC fertilizer industry grows more than double global average
The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) said today, ahead of its fifth...

JGC consortium awarded large order for clean fuels project in Kuwait
JGC (Yokohama) said today that it, together with partners GS Engineering & Construction (Seoul) and SK Engineering & Construction (Seoul), has received an award notification by Kuwait National Petroleum Co. (KNPC) to provide engineering...

Kuwait Styrene reports record sales and profit on higher demand
The Kuwait Styrene Co., (TKSC) today reported a net profit of $180 million for the fiscal year ending 31 December 2013. “Despite several challenges, these profits exceeded the $59 million net profit of 2012 by over 200% due to a number of elements...

Equate reports record results, aims to become more global
Equate Petrochemical Co. (Equate; Kuwait City), a joint venture between Petrochemical Industries Co., Dow and the local Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today announced record results for 2013. Net profit rose 14% to $1.25...

Fluor consortium wins clean fuels project to expand refineries in Kuwait
Fluor has announced that Kuwait National Petroleum Company (KNPC; Kuwait City) has selected Fluor's joint venture team as the preferred bidder to design, construct, and commission the Mina Abdullah Package 2 clean fuels project in southern Kuwait. Fluor says...

More Stories »

U.A.E.

Petrixo selects UOP green fuels technology for refinery in United Arab Emirates
UOP, a Honeywell company, announced on Wednesday that Petrixo Oil & Gas has selected its green fuels process technology to produce renewable jet fuel and renewable diesel at a new refinery to be built at Fujairah, United Arab Emirates. The facility will...

GPIC reports higher production in the first half of the year
Gulf Petrochemical Industries Co. (GPIC; Manama, Bahrain) has reported its six months’ production and export results, saying that production of its three major products—ammonia, urea, and methanol—was up on the corresponding period last...

GCC fertilizer industry grows more than double global average
The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) said today, ahead of its fifth...

Abu Dhabi to build first chlor-alkali manufacturing complex
Saif Al Khaili Group (Abu Dhabi), a privately owned conglomerate with wide ranging interests, on Saturday signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to build two manufacturing facilities in Kizad, including a chlor-alkali manufacturing...

Bayer MaterialScience and Pearl Insulation break ground for Dubai project
Bayer MaterialScience’s (BMS) polyurethane systems house Bayer Pearl has broken ground for its new headquarters in the Dubai Investments Park, which will be the site of the regional offices and production facilities, Bayer announced today. The site will...

More Stories »

IRAN

Feedstock shortage halts aromatics production at Isfahan petrochemical plant
The petrochemical plant at Isfahan, Iran, has stopped producing aromatics because of the lack of feedstock, local news agencies report, citing the plant’s managing director. “The feedstock supplied by Isfahan refinery has stopped from 8 June...

Iran to develop petchem hub by Sea of Oman, China pledges project finance
Iran plans to turn the Sea of Oman’s costal region into the country’s petrochemical hub, says deputy managing director of the National Petrochemical Co. (Tehran) Mohammad Peyvandi. He says that the coastal region offers enormous benefits for...

Iran to double petrochemical capacity, say officials at industry conference
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The forum's main topics included petrochemical parks, investment opportunities, new...

Iran to inaugurate ethylene pipeline
The National Petrochemical Co. (NPC; Tehran) says the West Ethylene Pipeline, connecting two ethane crackers at Assaluyeh in the south of Iran with several downstream plants, will be completed during the current Iranian calendar year, which began on 21 March...

Report: Iran inaugurates first phase of Ilam petchem complex
The first phase of Iran's Ilam petrochemical complex was inaugurated yesterday by Iranian President Hassan Rohani, according to a report from state news agency Irna. The complex, built on a 122-hectare site 18 kilometers from  the city of Ilam, is...

More Stories »

QATAR

Muntajat signs agreement with Qatari shipping firm to export ammonia
Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has signed a two-year contract with Qatar Navigation (Milaha; Doha) for the time charter of the liquefied petroleum gas carrier Almarona to transport ammonia from Qatar to...

GCC fertilizer industry grows more than double global average
The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) said today, ahead of its fifth...

Qatar selects Ineos Technologies' EPS process for project near Doha
Ineos Technologies announced today that it has licensed its expandable polystyrene (EPS) process for the manufacture of regular and flame-retardant EPS to EPS Qatar. EPS Qatar will use the process in a 50,000-m.t./year complex to be built in the Doha region...

Materia and Qapco to study development of next-generation materials
Materia (Pasadena, CA) and Qatar Petrochemical Co. (Qapco; Doha) have forged a partnership, through a memorandum of understanding (MOU), to further reinforce their collaborative R&D efforts and to study developing the next generation of materials produced...

Shell reports higher first-quarter chemical sales, Qatar project awaits final investment decision
Shell today reported a 3% rise in first quarter chemical volume sales, to 4.29 million m.t., compared with the year-earlier period. Sales volumes declined 3% compared with the fourth quarter of 2013, however. Shell attributes the increase in first quarter...

More Stories »

OMAN

CB&I outlines technology awards for Oman petchem project
CB&I on Wednesday gave additional details relating to its contracts with Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) for Orpic’s Liwa plastics project. CB&I's scope of work includes the license and engineering design of...

Oman awards technology contracts for $3.6-billion petchem project
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has awarded several technology provision contracts for its previously announced, $3.6-billion Liwa plastics project (LPP). The combined value of the technology packages has been put at...

Oman to invite bids for $3.6-billion petrochemical project
Oman Oil Refineries and Petroleum Industries Co., (Orpic; Muscat) on Tuesday held a workshop for engineering, procurement, and construction (EPC) contractors to brief them on the upcoming prequalification tender for its previously announced, $3.6-billion Liwa...

GCC fertilizer industry grows more than double global average
The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) said today, ahead of its fifth...

Takamul to award ammonia plant contract in Oman
Oman is expected to award a contract next year to build an ammonia plant in the Salalah Free Zone. The Takamul Investment Co., the downstream investment arm of Oman Oil, is promoting the project. Takamul plans to build a 1,000 m.t./day ammonia plant next to...

More Stories »











 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa