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Kuwait (106)


KUWAIT

Fluor sells part of its Spanish subsidiary, confirms refinery award in Kuwait
Fluor Corp., the leading engineering and construction firm, has signed an agreement to divest 50% of shares in its Spanish operations, Fluor S.A., to Sacyr Industrial, a leading, multinational, Spanish construction company. The new entity, SacyrFluor, will be...

Exclusive: Kuwait CEO confirms petchem plans in Kuwait, talks with OPaL in India
Kuwait’s Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp., is at an advanced stage of a feasibility study for a petrochemicals and aromatics project, which will be built alongside a new 650,000-bbl/day refinery...

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...

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