IHS Chemical Week

Regions :: Middle East

Saudi Arabia (722)

Kuwait (93)

U.A.E. (192)

Iran (92)

Qatar (142)

Oman (79)


SAUDI ARABIA

Sadara signs contracts with Marafiq utility company
Sadara Basic Services Co., a wholly owned subsidiary of Sadara Chemical Co. (Sadara), announced today that Sadara has entered into 30-year agreements with the Power and Water Utility Company for Jubail & Yanbu (Marafiq). Sadara, a joint venture between...

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

Israeli cabinet approves recommendations for higher taxes on companies exploiting natural resources
The Israeli cabinet has approved the country's Sheshinski Committee II's recommendations on fiscal and tax policies for Israel's natural resources, the country's ministry of finance says. The recommendations would mean a large tax increase on the profits of...

Petrokemya to expand butadiene capacity at Jubail
Petrokemya, a wholly-owned Sabic subsidiary, plans to expand its butadiene extraction plant at Jubail, Saudi Arabia. KBR has been awarded the front-end engineering design contract by Sabic for the debottlenecking and expansion of the plant. Petrokemya is one...

Sipchem takes large methanol complex off-line for maintenance
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies. Sipchem will carry out periodic maintenance and some refits in line with...

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KUWAIT

Dow shares in Kuwaiti jv's will be offered to the local public, PIC says
 Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which Dow Chemical plans to sell off, according to Asaad Al Saad, CEO of Petrochemical Industries Co. (PIC; Kuwait City). PIC is Dow’s partner along with local Boubyan...

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

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...

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U.A.E.

Givaudan develops Mideast presence with expanded technical center, regional offices at Dubai
Givaudan (Vernier, Switzerland), a market leader in the global fragrance and flavor industry, says it has opened an expanded technical center and regional offices at Dubai. The state-of-the-art facilities are in response to growing demand for flavors from...

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

AkzoNobel starts up powder coatings facility in Dubai
AkzoNobel says it has started operations at its previously announced new powder coatings plant at Dubai. The facility will significantly increase capacity for the company’s Interpon and Resicoat products. The plant will target growing regional demand...

Indian firm awarded EPC contract for Abu Dhabi chlor-alkali expansion
Nuberg Engineering (Noida, India) says it has been awarded a $15-million chlor-alkali engineering, procurement, and construction (EPC) contract by salt company Al Ghaith Industries (Abu Dhabi). The project will double Al Ghaith's caustic soda production...

Dow to produce acrylic polymers in Jebel Ali for roof coatings
Dow Construction Chemicals will launch a new technology this week that meets the growing demand for energy efficient cool reflective roof coatings (CRRC) in the Middle East region. The new material is a water based acrylic polymer designed specifically for...

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IRAN

Chinese investors financing Iranian petchem projects
Chinese investors have begun financing two petrochemical projects under construction in Iran. "The letters of credit for two petrochemical units each with a value of €350-400 million [$435.9-498.2 million] have been opened by Chinese...

Cipla to establish manufacturing unit in Iran
Drugs major Cipla (Mumbai) has signed an agreement with its Iranian distributor to establish a manufacturing facility in Iran. The company has informed the Bombay Stock Exchange that it has signed a definitive agreement to establish the facility. Its...

Rashtriya Chemicals and Fertilizers plans urea project in Iran
Rashtriya Chemicals and Fertilizers (RCF; Mumbai) says it is seeking investment opportunities abroad, including a joint venture to set up a fertilizer plant in Iran. "We are looking for an Iranian partner to build an $800-million urea plant in 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...

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QATAR

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

Qafco and University of Liege sign research agreement into use of urea in poultry feed
Qatar Fertilizer Co. (Qafco; Doha), a leading global producer of ammonia and urea, and the University of Liege in Belgium have signed an agreement for joint research cooperation into the use of urea as poultry feed additive to prevent the use of antibiotics...

Qafco to enter niche urea market with novel plant
Qatar Fertilizer Co. (Qafco; Doha), the world’s largest single site producer of ammonia and urea, has signed a contract with the engineering and technology company NIIK (Moscow) for the design and supply of a pilot high-speed drum granulation unit to...

Mesaieed Petrochemical Holding discloses interim financial statement
Mesaieed Petrochemical Holding Co. (MPHC; Doha), a listed subsidiary of Qatar Petroleum and one of the leading diversified petrochemical conglomerates, reported a 1.38 billion Qatari riyals ($378.08 million) net profit for the first nine months of the year on...

Industries Qatar reports improved results, studies new petchem complex
Industries Qatar (IQ; Doha), which holds interest in petrochemicals, fertilizers and steel producing companies in Qatar, today reported improved third-quarter and nine-months results, as many of its petchem facilities are back onstream following maintenance...

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OMAN

GCC exports of chemicals to China continue to grow, GPCA says
In 2013, the Arabian Gulf countries exported 39.5 million m.t. of chemicals to Asia, with China accounting for the largest share, according to the annual Facts & Figures report of the Gulf Petrochemicals and Chemicals Association (GPCA), the association...

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...

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