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Kuwait (104)


KUWAIT

GPCA appoints Adnoc's director of petrochemicals as new chairman
The Gulf Petrochemicals and Chemicals Association (GPCA; Dubai) today announced the appointment of Rashed Saud Al Shamsi as new chairman. Al Shamsi, vice chairman of GPCA since 2012, succeeds Mohamed Al Mady, who was recently appointed as the chairman of the...

Kuwait forecasts lower petchem revenues, studies for new projects to be completed end of year
Kuwait is anticipating its petrochemical revenues to drop 20% this year because of the slump in prices, but the country will not slow its investment projects, according to Asaad Al Saad, CEO of Kuwait's Petrochemical Industries Co. (PIC). PIC is a partner...

GCC petrochemical industry moving toward innovative strategies, GPCA survey finds
Nearly 80% of the Gulf Cooperation Council (GCC) region’s major petrochemical and chemical producers have made innovation strategy a key business priority, indicating that the advancing, improving, and modernizing the sector are top priorities, a new...

CB&I awarded storage tank contract in Kuwait
CB&I today announced an award of a $60 million contract by JGSK JV, a joint venture between JGC Corp., GS E&C and SK E&C. The project scope includes the engineering, procurement, fabrication and construction of 39 storage tanks and two spheres for...

Equate reports decline in profit, says 2015 and beyond will be challenging
Equate Petrochemical, (Kuwait City), a joint venture among Petrochemical Industries Co., Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today announced a net profit of $1.04 billion for the fiscal year ending 31 December...

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