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Saudi Arabia (550) Kuwait (73) U.A.E. (156) Iran (70) Qatar (92) Oman (51)
SAUDI ARABIA Ma'aden restarts ammonia and di-ammonium phosphate plants Saudi Arabian Mining Co.’s (Ma’aden; Riyadh) subsidiary Ma’aden Phosphate (MPC) has restarted its ammonia manufacturing complex at Ras Az Zawr, Saudi Arabia, the company announced today. The 1.1 million m.t./year ammonia plant was taken... Sipchem starts up ethyl and butyl acetate complex at Al Jubail Saudi International Petrochemical Co. (Sipchem; Al Khubar, Saudi Arabia) has started up its ethyl acetate and butyl acetate manufacturing plant at Al Jubail. The facility is owned by Sipchem Chemicals, a wholly owned Sipchem subsidiary. The plant’s... Petro Rabigh restarts ethane cracker, estimates hit on second-quarter results of SR180 million Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, says it has completed maintenance work on its ethane cracker at Rabigh, Saudi Arabia. The olefins unit had been down since 21 April. Petro Rabigh is carrying out safety checks and is in... Saudi acrylic acid, EDC, and caustic soda projects begin trial runs Sahara Petrochemicals (Riyadh) says the Saudi Acrylic Acid Co., its equally owned joint venture with National Industrialization Co. (Tasnee), has begun trial runs at some of its Al Jubail–based facilities, including utilities. The companies intend... Saudi Kayan brings polycarbonate plant back online; amines units to follow Saudi Kayan, a Sabic affiliate, says that its polycarbonate manufacturing facility at Al Jubail has been brought back onstream following maintenance. Kayan announced end of January that it is shutting down a number of plants for “scheduled periodic... More Stories » KUWAIT Report: Kuwaiti cabinet suspends PIC officials pending K-Dow investigation Senior officials of Petrochemical Industries Co. (PIC; Kuwait City, Kuwait), a subsidiary of Kuwait Petroleum Corp. (Kuwait City), are to be suspended pending an inquiry into the payment of $2.2 billion to Dow Chemical following a decision in an emergency... Dow awarded final $2.2 billion payment in K-Dow arbitration The final resolution has been completed in the K-Dow arbitration between Dow Chemical and the Petrochemical Industries Company (PIC; Kuwait City, Kuwait), with Dow confirming today that it has received a direct cash payment of $2.2 billion from PIC. The money... Report: Kuwait's Olefins III project estimated to cost $8–9 billion Kuwait’s previously announced Olefins III project is expected to require an investment of $8–9 billion, according to a report from state news agency Kuna. Preparations for implementation of the project at Al Zour are ongoing. State-run... GCC petchems capacity to rise by 50% by 2020 Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year in 2012, according to the Gulf Petrochemicals & Chemicals Association... Equate selects Gulf Cryo for CO2 recovery project Equate has signed a agreement with Gulf Cryo (Dubai) for Kuwait’s second carbon dioxide (CO2) recovery project. Gulf Cryo will obtain CO2 from Equate’s Al Shuʿaybah, Kuwait, manufacturing facilities to be used for industrial... More Stories » U.A.E. Talke and RSA Logistics form joint venture in Dubai RSA Logistics (Dubai, UAE), a provider of transport and logistics services, and Talke (Hürth, Germany) said on Tuesday that they have signed an agreement to form a joint venture in Dubai. RSA-Talke, an equally owned partnership, will operate a chemicals... GCC petchems capacity to rise by 50% by 2020 Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year in 2012, according to the Gulf Petrochemicals & Chemicals Association... Indian firm plans to build urea plant in Ra's Al Khayma The Indian conglomerate Adventz Group (Gurgaon) says it plans to invest 40 billion Indian rupees ($738.2 million) in a urea plant in Ra's Al Khayma, United Arab Emirates. A prefeasibility study into the project is under way, says Saroj Poddar, chairman of... Technip awarded sulfur recovery plant contract in Bahrain Technip has been awarded a contract by state-owned Bahrain Petroleum Company (Bapco) to carry out work on a sulfur recovery project at Bapco’s Sitrah, Bahrain. refinery. The lump-sum contract covers engineering, procurement, construction, and... Odfjell and Saudi Arabia's NCC to discontinue chemical tanker pool Odfjell Tankers and National Chemical Carriers (NCC; Riyadh) have agreed to dissolve their pool of 40,000–45,000 deadweight (dwt) m.t. coated chemical tankers, effective 1 June. The companies have operated the pool of vessels, NCC Odfjell Chemical... More Stories » IRAN Iran outlines 2020 targets at 10th IPF conference Iran on Monday, the first day of the 10th Iran Petrochemical Forum, outlined its petrochemical ambitions. Managing-director of the National Petrochemical Company (NPC; Tehran) Abdolhossein Bayat said, "Iran will have a share of 41% in the Middle East's... Iran holds 10th Petrochemical Forum, will raise share of Mideast petchems to 38% The 10th Iran Petrochemical Forum opened in Tehran today. Investment program currently under way will lead to the country’s share of petrochemicals output rising from 24% to 38% of the Mideast’s total by 2015, said Ramezan Oladi, planning manager... Ashland-Clariant JV sold casting products to Iran ASK Chemicals, a 50-50 joint venture between Ashland and Clariant, sold granulate, coatings, and hot top metal casting products to Iranian government entities, Ashland said in a regulatory filing. The jv sold about €790,000 ($1.04 million) worth of the... India eyes urea project at Iran's Chahbahar petchems hub India has proposed to build a urea manufacturing plant at the petrochemicals hub at Chahbahar, Iran, using natural gas as feedstock, Iranian news agencies report. India has also agreed to provide Iran with financial assistance to develop the Chahbahar port... Report: Iran launches Mideast's first MEK production unit Iran has launched production of methyl ethyl ketone (MEK) in the Mahsharhr Petrochemical Special Economic Zone in the country's southwestern province of Khuzistan, according to a report from Iranian online media channel PressTV. The unit, the first in the... More Stories » QATAR Chiyoda and CTCI awarded $600-million contract for refinery in Qatar Chiyoda and CTCI (Taipei) have been awarded an engineering, procurement, supply, construction, and commissioning contract for a previously announced Laffan 2 refinery at Ras Laffan, Qatar. The facility is being built by Laffan Refinery Co. Ltd. 2, a jv... Muntajat takes over marketing activities of Qatar Vinyl Co. Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has taken over the sales and marketing activities of Qatar Vinyl Co. (QVC), adding 1.2 million m.t./year of products to Muntajat’s annual exports. The transfer increases... GCC petchems capacity to rise by 50% by 2020 Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year in 2012, according to the Gulf Petrochemicals & Chemicals Association... Muntajat takes over marketing activities of Qatar Vinyl Co. Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has taken over the sales and marketing activities of Qatar Vinyl Co. (QVC), adding 1.2 million m.t./year of products to its annual exports, the company announced today. The... Japanese firms sign deal with QP and Total for Laffan Refinery 2 project Idemitsu Kosan (Tokyo), Cosmo Oil (Tokyo), Marubeni (Tokyo), Mitsui & Co. (Tokyo), Qatar Petroleum (QP; Doha), and Total have reached an agreement to invest in the Laffan Refinery 2 (LR2) project, and the companies signed a joint venture agreement on... More Stories » OMAN Oman plans steam cracker and polyethylene plant at Ṣuḥār Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) plans to build an olefins complex and a polyethylene plant at the Port of Ṣuḥār, Oman at a cost of about $3 billion, according to the Oman Daily Observer. With investments previously... GCC petchems capacity to rise by 50% by 2020 Petrochemicals and chemicals capacity in the Gulf Cooperation Council (GCC) states is forecast to reach 191.2 million m.t./year by 2020, a 50% increase from the 127.8 million m.t./year in 2012, according to the Gulf Petrochemicals & Chemicals Association... ICCA: UN report fails to meet 'scientific work standards' The International Council of Chemical Associations (ICCA; Brussels) has objected to the findings of the recently published World Health Organization-United Nations Environment Programme (WHO-UNEP) report on endocrine disruptors and disease. "The WHO-UNEP... Report: Hanwha breaks ground on Saltic chlor-alkali plant in Oman Hanwha Engineering & Construction Corp. (Seoul) has started work on a chlor-alkali and ethylene dichloride (EDC) complex in Salalah Free Zone, Oman on behalf of Saltic (Muscat), according to the Oman Daily Observer. Hanwha was awarded the engineering... Oman Oil and LG International sign agreement to develop PTA and PET complex at Sohar Oman Oil Co. (OOC; Masqat) and LG International (Seoul) have signed an agreement to jointly develop a previously announced world-scale complex to produce purified terephthalic acid (PTA) and polyethylene terephthalate (PET) resin at the Port of Ṣuḥār... More Stories »
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