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Saudi Arabia (729)


SAUDI ARABIA

Nama Chemicals to restart chlor-alkali plant in January
Nama Chemicals (Al Jubail) says that it plans to restart its chlor-alkali production facility at Al Jubail on 5 January 2015. The plant has been down since a fire in the caustic soda unit on 16 November. Nama estimates the total financial impact of the...

Tasnee appoints former Sabic CFO as its new CEO
The National Industrialization Co. (Tasnee; Riyadh) informed the Saudi Stock Exchange on Sunday that its board of directors has accepted the resignation of Salih bin Fahd Al Nazha, Tasnee’s CEO, because of personal reasons. He will be stepping down on...

Sabic CFO resigns
Sabic executive v.p./corporate finance and CFO Mutlaq Al-Morished has announced that he is resigning from Sabic, according to an interview with Saudi news service Mubasher. Al-Morished told Mubasher that he had submitted his resignation from his position at...

Tasnee signs deal to raise stake in TiO2 producer Cristal
National Industrialization Co. (Tasnee; Riyadh) said on Sunday that on 4 December it signed an agreement to purchase an additional 13% stake in titanium dioxide (TiO2) producer Cristal for 1.81 billion Saudi riyals ($481.2 million). Tasnee in September...

Report: Yansab plans 35-60 day turnaround at EG complex next April
Yanbu National Petrochemicals Co. (Yansab), a Sabic subsidiary, announced today that it would carry out a 35-60 day maintenance turnaround in April 2015 at the company's ethylene glycol (EG) complex at Yanbu, Saudi Arabia, according to a Reuters report...

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