U.A.E.

Abu Dhabi Firms Plan for Chemical City and Borouge 3
Borealis and its Borouge (Abu Dhabi) joint venture are making progress on previously announced plans to establish two large-scale petrochemical complexes in Abu Dhabi. The companies have appointed WorleyParsons to carry out preliminary front-end engineering...

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...

Borealis Includes Melamine Unit in Abu Dhabi Petchem Study
Borealis has confirmed that a melamine plant is included in a feasibility study for a $20-billion “chemicals industrial city” at Taweelah, Abu Dhabi. Borealis and its parent, International Petroleum Investment Co. (Abu Dhabi), signed a preliminary...

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...

Air Liquide Acquires Helium Business
Air Liquide says it has acquired Pure Helium (Mumbai), an international supplier of liquid and gaseous helium, helium based mixtures, and argon. Pure Helium also has a presence in Egypt, Saudi Arabia, and the United Arab Emirates...

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