IHS Chemical Week

Regions :: Middle East

Saudi Arabia (751)

Kuwait (99)

U.A.E. (197)

Iran (93)

Qatar (147)

Oman (89)


SAUDI ARABIA

Safco appoints new president
Saudi Arabian Fertilizers Co. (Safco), a Sabic affiliate, has announced that its board of directors has approved Ahmed bin Mohamed Al Gabr as president, effective 1 April. Al Gabr succeeds Abdullah Ali Al Bakr, who has reached the retirement age and whose...

Sadara and Bavarian partnership sign cooperation agreement for PlasChem Park
Sadara, a joint venture between Saudi Aramco and Dow Chemical, and Chemie-Cluster Bayern (CCB) have announced that they have signed an agreement to cooperate and jointly support the development of chemical based value chains in PlasChem Park at Jubail, Saudi...

Tasnee signs financing agreement to fund acquisition of additional shares in Cristal
National Industrialization Co. (Tasnee) said today that it signed an Islamic Murabaha financing agreement for 1.2 billion Saudi riyals ($319.4 million) with each the Riyadh Bank and the Saudi British Bank. The agreement has a competitive floating-rate...

Satorp reports large quarterly and annual losses
Saudi Aramco Total Refining & Petrochemical (Satorp), a joint venture in which Aramco holds 62.5% and Total the balance, has announced an increase in quarterly and annual net losses. Net loss in the fourth quarter was 71.37 million Saudi riyals ($19.0...

Ma'aden shuts ammonia plant for 30-day maintenance
Saudi Arabian Mining Company (Ma’aden) has announced that its subsidiary Ma’aden Phosphate Co., (MPC) will shut down its ammonia plant located at Ras Al Khair City, Saudi Arabia for a scheduled maintenance. MPC, owned 70% by Ma’aden and 30%...

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KUWAIT

Equate completes turnaround and first phase of polyethylene expansion project
Equate Petrochemical, a joint venture among Petrochemical Industries Co. (Kuwait City), Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today announced the completion of both the first phase of its previously announced...

GPCA—Plastics capacity in GCC countries to increase 25% by 2020
Plastics production capacity in the Gulf Cooperation Council (GCC) countries will increase 25% by 2020, to 33.8 million m.t./year, says the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai). The region's plastics industry currently makes 13...

Kuwait, Bahrain to study aromatics project in Bahrain
Petrochemical Indstries Co. (PIC), a subsidiary of Kuwait Petroleum Corp.; and the National Oil and Gas Authority (NOGA; Manama) have signed a partnership agreement for an aromatics project in Bahrain, according to a report by Kuwait's official news agency...

GPCA: Diversification will create new opportunities in the Mideast
The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up from the current volume of 140 million m.t./year, according to the Gulf...

GPCA: Equate's manufacturing complex down for turnaround; debottlenecking project makes progress
Equate (Safat, Kuwait), a joint venture between Petrochemical Industries Co. (PIC), Dow Chemical, Boubyan Petrochemical, and Qurain Petrochemical Industries, says that a large part of its petrochemical complex at Shuaiba, Kuwait is currently down for a...

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U.A.E.

International Renewable Energy Agency reappoints director general
The International Renewable Energy Agency (Irena; United Arab Emirates) has announced the reappointment of Adnan Amin as director general to a second four-year term, to run from April 2015 to April 2019. The reappointment was agreed by the 124 Irena member...

GPCA—Plastics capacity in GCC countries to increase 25% by 2020
Plastics production capacity in the Gulf Cooperation Council (GCC) countries will increase 25% by 2020, to 33.8 million m.t./year, says the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai). The region's plastics industry currently makes 13...

India's Nuberg Engineering awarded contract to build calcium chloride plant in Abu Dhabi
Al Ghaith Industries (Abu Dhabi) has awarded Nuberg Engineering (Noida, India) a contract to build a calcium chloride plant in Abu Dhabi, Nuberg says. The plant's intended capacity is 85 m.t./day and is the first calcium chloride project in the...

GPCA: Diversification will create new opportunities in the Mideast
The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up from the current volume of 140 million m.t./year, according to the Gulf...

GPCA: Aramco CEO calls for switch to mixed-feed crackers as gas feedstocks run short
The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is: “What’s next for the chemical industry,” is taking place amid...

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IRAN

GPCA: Aramco CEO calls for switch to mixed-feed crackers as gas feedstocks run short
The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is: “What’s next for the chemical industry,” is taking place amid...

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...

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QATAR

Qatar may replace Shell with other partners in petchems project
Following an announcement Wednesday that Qatar Petroleum (QP) and Shell are halting work on their $6.5-billion Al Karaana joint venture project, Qatar announced today that it is carrying out studies for a petrochemical project with other partners. Industries...

Qatar Petroleum, Shell scrap $6.5-billion petchems project in Qatar
Qatar Petroleum (QP) and Shell say they have decided not to proceed with the proposed Al Karaana petrochemicals project in Qatar and to stop further work on the project. “The decision came after a careful and thorough evaluation of commercial quotations...

GPCA—Plastics capacity in GCC countries to increase 25% by 2020
Plastics production capacity in the Gulf Cooperation Council (GCC) countries will increase 25% by 2020, to 33.8 million m.t./year, says the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai). The region's plastics industry currently makes 13...

GPCA: Diversification will create new opportunities in the Mideast
The GCC countries will see a decline in chemical industry’s growth from an impressive 11%/year in the past 10 years to 7.1%/year through 2020 to reach 226 million m.t./year, up from the current volume of 140 million m.t./year, according to the Gulf...

GPCA: Aramco CEO calls for switch to mixed-feed crackers as gas feedstocks run short
The 9th Gulf Petrochemical & Chemical Association (GPCA; Dubai) Forum kicked off today with record attendance, exceeding 2,000 for the first time. The event, whose theme is: “What’s next for the chemical industry,” is taking place amid...

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OMAN

Report: Orpic starts 29-day turnaround at Sohar refinery
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) began a planned 29-day maintenance turnaround at the company's Sohar, Oman, refinery late yesterday, according to a report from Reuters quoting the company's CEO. The turnaround is not expected...

AMEC Foster Wheeler awarded oil storage terminal contract in Oman
AMEC Foster Wheeler (AFW) has been awarded a contract by the Oman Tank Terminal Co. for the front-end engineering design of the Ras Markaz crude oil park project in Oman. Located 70 kilometers south of the Port of Duqm on the Wusta coast, the Ras Markaz...

Reports: Oman mulling partial privatization of Orpic
The Oman government is considering reviving plans to partially privatize Oman Oil Refineries and Petroleum Industries (Orpic; Muscat), reports say. Reviving the privatization is a response to weak crude oil prices, according to reports that quote Oman oil...

GPCA—Plastics capacity in GCC countries to increase 25% by 2020
Plastics production capacity in the Gulf Cooperation Council (GCC) countries will increase 25% by 2020, to 33.8 million m.t./year, says the Gulf Petrochemicals and Chemicals Association (GPCA; Dubai). The region's plastics industry currently makes 13...

Reports: Repairs to fire-damaged Oman refinery to cost "millions"
Repairs to Oman Oil Refineries and Petroleum Industries Co.'s (Orpic; Muscat) 106,000-bbl/day refinery at Mina Al Fahal will cost "millions of dollars" following a fire at one of the refinery's naphtha treatment units, according to a report from...

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