QATAR

Doubts Grow Over Three Ethylene JV’s in Qatar
Qatar Petroleum (QP) has shelved a $500-million expansion of the common seawater cooling system at the Ras Laffan, Qatar gas and petrochemical complex, according to a report in the Middle East Economic Digest (MEED). The expansion was to have supplied 1...

Israel Chemicals Second-Quarter Profits Soar
Israel Chemicals Ltd. (ICL; Tel Aviv) has reported a 445% increase in net profits to $703.2 million for the second quarter ended June 30. And sales for the period increased by 116% to $2.07 billion. The rise in sales was driven by ICL Fertilizers business...

Sun Pharma Gets U.S. FTC Approval for Taro Tender Offer
Sun Pharmaceutical Industries (Mumbai) says the U.S. Federal Trade Commission (FTC; Washington DC) has given clearance for the previously announced tender offer by Alkaloida Chemical Company Exclusive Group (Tiszavasvari, Hungary), a subsidiary of...

Bids for Honam Olefins Unit in Qatar Are Due in October
Commercial bids for a previously announced olefins plant at Mesaieed, Qatar, planned by a 70-30 joint venture between Qatar Intermediate Holdings Co. (Doha), a subsidiary of Qatar Petroleum; and Honam...

Reliance and Gail India Seek to Establish Petchem Plant in Qatar
Reliance Industries and Gail India (New Delhi) are proposing to establish a $1.3-billion petrochemical complex in Qatar, reports say. A joint delegation from...

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