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Bahri Chemicals to time-charter 2 ships from Proman

January 18, 2024

Proman the world s second largest methanol producer and Bahri a global leader in logistics and transportation have reached a five-year deal for Bahri Chemicals to time-charter two methanol-powered shi... View more

Net-zero chemicals industry initiative relaunches as Global Impact Coalition

November 30, 2023

To drive the global chemical industry on a path to net-zero emissions by 2050 the Low-Carbon Emitting Technologies (LCET) initiative incubated and hosted by the World Economic Forum for more than thre... View more

Sabic to study oil-to-chemicals project in Ras Al-Khair

December 5, 2022

Sabic a global leader in diversified chemicals has announced its intention to study the establishment of a complex to convert oil and liquids into petrochemicals in Ras Al-Khair in the Kingdom of Saud... View more

Sabic eyes new oil-to-chemicals project in Saudi Arabia

November 24, 2022

Sabic a global leader in diversified chemicals is considering setting up a complex in Ras Al Khair region that will convert oil and liquids into petrochemicals. The firm will be conducting a study in ... View more

Abu Dhabi's Ta'ziz, Reliance sign deal for $2bn chemicals JV

April 26, 2022

Abu Dhabi Chemicals Derivatives Company (Ta ziz) has signed the formal shareholder agreement with India s oil-to-telecom conglomerate Reliance Industries Limited (RIL) for setting up the Ta ziz EDC & ... View more

Baker Hughes and Dussur to form chemicals JV in KSA

March 30, 2022

Baker Hughes and Dussur owned by the Saudi Arabian Public Investment Fund Saudi Aramco and Sabic have signed a joint venture (JV) deal focused on providing oilfield and industrial chemicals in the Kin... View more

Ta’ziz, Reliance launch $2bn JV for chemicals projects

December 8, 2021

Abu Dhabi Chemicals Derivatives Company RSC Ltd (Ta ziz) and India s Reliance Industries have agreed to launch Ta ziz EDC & PVC a world-scale chemical production partnership at the Ta ziz Industrial C... View more

Wa’ed approves $1.3m loan to Amad Chemicals

November 3, 2021

Wa ed the entrepreneurship arm of Aramco has approved to grant a SR5 million ( 1.3 million) loan to the Jubail-based Amad Chemicals Company a leading manufacturer of environmentally low-impact chemica... View more

Dorf Ketal Chemicals and TriBonds Chemical announce JV

September 21, 2021

Dorf Ketal Chemicals India Pvt Ltd a company headquartered in Mumbai India and TriBonds Chemical Co of Dammam Saudi Arabia have announced a joint venture to manufacture and market process and water sp... View more

Global chemicals industry submits WTO modernisation proposal

September 13, 2021

The International Council of Chemical Associations (ICCA) the global voice of the chemicals industry released its consensus paper outlining a progressive set of recommendations for modernising the Wor... View more

GPCA releases GCC trade map for chemicals

February 21, 2021

The GCC chemical industry trades with more than 100 countries worldwide with over 80 per cent of the total chemical output exported overseas in 2019. Chemical exports from the region significantly gre... View more

Sabic is 2nd most valuable chemicals brand

February 5, 2021

Sabic has become the world s second most valuable brand in the chemicals industry for the first time and it has also cemented its place among the top 500 most valuable global brands. The rankings were... View more

Aramco, Sabic to reassess $20bn oil to chemicals project

October 19, 2020

Saudi Aramco and Saudi Basic Industries (Sabic) have decided to re-evaluate their 20 billion crude-oil-to-chemicals project and are now looking at integrating existing facilities instead a Reuters rep... View more

EU chemicals exports hurt by emerging market collapse

September 24, 2020

EU chemicals trade has shrunk this year as the coronavirus pandemic has spread and lockdowns have restricted industrial activity and consumer goods demand. Trade is vitally important for the sector wh... View more

9th Conference on CO2-based Fuels and Chemicals in March

August 27, 2020

More than 200 leading international experts in Carbon Capture and Carbon Utilisation (Power-to-X) together with 20 exhibitors are expected to attend the 9th Conference on CO2 -based Fuels and Chemical... View more

Mideast construction chemicals sector to grow 5.5pc by 2024

August 24, 2020

The Middle East construction chemicals sector is expected to grow by 5.5 per cent compound annual growth rate by 2024 shrugging off Covid-19 after-effects that threatened to cripple most industries. T... View more

Lanxess to sell organic leather chemicals business

August 13, 2020

Germany-based Lanxess a speciality chemicals company is selling its organic leather chemicals business to TFL Ledertechnik a global supplier of leather chemicals and a unit of US investment company Bl... View more

Oilfield chemicals market 'to hit $32bn by 2027'

July 26, 2020

The global oilfield chemicals market which was worth 19.74 billion in 2019 is expected to reach 32.18 billion by 2027 growing at a CAGR of 6.3% during the forecast period said a Stratistics MRC report... View more

Saudi Arabia committed to Yanbu chemicals project

May 18, 2020

Saudi Aramco and Saudi Basic Industries Corporation (Sabic) are moving forward with their plans of building a mega petrochemicals complex in Yanbu. It demonstrates their commitment to their long-term ... View more

Mideast wastewater chemicals' market set for 3.2pc growth

February 17, 2020

The water and wastewater treatment chemicals market in the Middle East region is set to perform well over the next five years growing at a compound annual growth rate (CAGR) of 3.2 per cent said a rep... View more

Lanxess to showcase leather chemicals range at India event

January 22, 2020

Lanxess a leading specialty chemicals company will be showcasing its comprehensive product range in the field of leather chemicals at the India International Leather Fair (IILF) in Chennai India from ... View more

Global chemicals M&A to end year on stable note

December 23, 2019

A vast majority of chemicals executives believe that global chemicals M&A activity will continue to increase or stay at the high level of the past several years said global management consulting firm ... View more

ME chemicals industry looking to adopt circular economy model

November 24, 2019

he chemicals industry in the Middle East is calling for the adoption of the circular economy model to lower operating costs and create new products and services that facilitate incremental value creat... View more

Siemens, Evonik launch CO2-based chemicals project

October 10, 2019

Germany-based Evonik and Siemens have launched a joint research project to develop a test plant that will use carbon dioxide (CO2) and water as well as electricity from renewable sources and bacteria ... View more

Aramco Chemicals Company chooses LogiPoint as a strategic export hub

August 25, 2019

LogiPoint has concluded a major milestone achievement entering an agreement with Aramco Chemicals Company (ACC). With the extensive support from Saudi Customs and Jeddah Islamic Port to Re-engineer th... View more

Fluor wins Halliburton Chemicals project in Saudi Arabia

February 20, 2019

Fluor Corporation said it has secured a major contract to provide engineering procurement and construction (EPC) for the Halliburton Specialty Chemicals Manufacturing Reaction Plant in Saudi Arabia. P... View more

Oxea plans chemicals plant Duqm SEZ

November 27, 2018

Leading chemicals company Oxea a wholly-owned subsidiary of Oman Oil Company (OOC) is set to make significant investments in a major petrochemicals complex planned downstream of the Duqm Refinery proj... View more

Aramco, Sabic to build oil-to-chemicals plant in Yanbu

November 1, 2018

Saudi Aramco and Sabic have announced the selection of Yanbu on the west coast of Saudi Arabia as the site for the development of an integrated industrial complex to convert crude oil to chemicals (CO... View more

Jacobs to sell energy, chemicals business to WorleyParsons

October 22, 2018

US-based Jacobs Engineering Group a global provider of technical and construction services said it has entered into an agreement to sell its energy chemicals and resources (ECR) segment to Australia s... View more

Sika to set up specialty chemicals plant in Dubai

August 27, 2018

Leading Swiss manufacturer of specialty chemicals Sika is boosting its UAE operations with the extablishment of a new factory in Dubai UAE. Sika boasts a leading position in the development and produc... View more

Nuberg wins $53m turnkey chemicals project in Saudi

July 31, 2018

Nuberg EPC a global EPC and LSTK company for speciality chemicals has been awarded a 53 million turnkey project contract by Middle East Chemicals Company (Midchem) a leader in commodity chemicals in S... View more

KBR to develop part of crude-oil-to-chemicals complex

July 23, 2018

Saudi Aramco and the Saudi Basic Industries Corp (Sabic) who are partnering in a crude oil to chemicals (COTC) project awarded a contract to US-based KBR a global leader construction to develop a part... View more

US chemicals group Huntsman to build new unit in Dubai

May 29, 2018

Huntsman Corporation a global manufacturer of differentiated and specialty chemicals has announced plans to build a new polyurethanes systems house within the Jebel Ali Free Trade Zone (Jafza) in Duba... View more

Peak in chemicals M&A may be coming to an end

May 16, 2018

Despite more than 60 per cent of global chemicals sector executives anticipating stronger M&A activity in 2018 than in 2017 a growing number expect a drop in activity as a result of the limited availa... View more

HAK Industrial Chemicals showcases latest products in Dubai

March 26, 2018

HAK Industrial Chemicals a member of The Kanoo Group showcased its raw materials for paints coatings printing inks and construction chemical industries at the recently concluded 2018 Middle East Coati... View more

Aramco signs agreement for crude to chemicals technology

January 18, 2018

Saudi Aramco through its wholly-owned subsidiary Saudi Aramco Technologies has signed a three-party Joint Development Agreement (JDA) to scale up and commercialize Aramco s thermal crude to chemicals ... View more

Aramco, Sabic partner for crude to chemicals complex

November 26, 2017

Saudi Aramco a world leader in integrated energy and Sabic a global leader in diversified chemicals have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals... View more

Sekisui Specialty Chemicals increases Selvol prices

April 16, 2017

Sekisui Specialty Chemicals has announced that it will increase the price of all grades of Selvol Polyvinyl Alcohol Selvol Ultiloc Selvol Ultalux and Selvol Premiol up to 125/ metric tonne. This incre... View more

GCC chemicals industry output hit $108bn in 2015

January 3, 2017

The chemicals industry in the GCC is the region s second largest within the manufacturing sector creating over 500 000 direct and indirect jobs and 108 billion worth of products in 2015 said organiser... View more

Product value ‘key to growth in chemicals sector’

November 29, 2016

The way to sustain growth in the chemicals industry is to continue developing more differentiated higher value products; continue creating strong brand identities; and continue upgrading to stay ahead... View more

Top professionals attend Bahrain chemicals event

November 22, 2016

Top local and international scientists and professionals are attending a major chemical industry conference in Bahrain. The 10th International Conference and Exhibition on Chemistry in Industry (ChemI... View more

MOL to bulk up in chemicals

November 14, 2016

Hungarian oil group MOL will invest in new chemical plants to cut its dependence on producing fuel for cars while also buying more upstream assets and selling goods and services in its petrol stations... View more

Oil-to-chemicals will be a game-changer: Nasser

October 3, 2016

While there can be no doubt that the region has made significant progress in petrochemicals manufacturing from a very modest start in the 1970s the fact remains that the region s petrochemicals revenu... View more

Al Babtain is an ideal choice for chemicals packaging

September 26, 2016

The company one of the most trusted names in the GCC makes pallets from polypropylene (thermo-plastic) injection moulded materials and are available in different sizes with high racking and dynamic lo... View more

Veolia to supply chemicals to Total’s FPSO fleet in Angola

July 25, 2016

Veolia will supply five primary chemicals to maintain membrane functionality of the seawater Reverse Osmosis (RO) units and ensure that the treated seawater meets not only Total s stringent quality st... View more

Driven by shale’s progress, chemicals market hits $25bn

July 20, 2015

Oil price declines are expected to slow oil field activity on a short-term basis driving reduced demands for drilling stimulation and completion chemicals Driven in large part by the rapid expansion o... View more

Bright prospects in oil, gas and chemicals sector

August 20, 2014

THE chemicals oil and gas sector is a pillar of Singapore s economy and the Economic Development Board has been nurturing it to make sure it remains strong with bright employment prospects for people ... View more

Asian petrochemical companies risk high-end chemicals deluge

May 19, 2013

PETROCHEMICAL firms risk creating a glut of high-end products in Asia as they invest billions of dollars to move up a value chain threatened at the bottom end by cheap US ethylene. Firms including Tai... View more

L&T joint venture wins Saudi chemicals plant contract

June 25, 2012

A JOINT venture of L&T Larsen & Toubro Atco Saudia has secured a large procure and construct contract from Sadara Chemical Company (Sadara) a joint venture of Saudi Arabian Oil Company (Saudi Aramco) ... View more

GPIC achieves production record in key chemicals

February 27, 2011

GULF Petrochemical Industries Company (GPIC) a leading petrochemical firm in the Middle East was able to achieve a new record in the production of methanol. The company has safely produced 10 million ... View more

Sasol looks to boost chemicals

January 3, 2011

South Africa s Sasol is looking for more gas across Africa and beyond to boost its production of chemicals and synthetic fuels but may also feed it into power plants if the economics make sense. Afric... View more

Ipic launches friendly bid for Nova Chemicals

March 1, 2009

Abu Dhabi state-owned International Petroleum Investment Co (Ipic) launched a 500 million takeover of Nova Chemicals Corp a friendly deal to rescue the plastics maker from a financial crisis due to it... View more

Kuwait cancels $17bn Dow Chemicals deal

January 4, 2009

Kuwait decided to scrap a deal to form a 17.4 billion petrochemical joint venture with Dow Chemical potentially upsetting the largest US chemicals company s plans to buy rival Rohm & Haas. The cancell... View more

Borouge sets stage for major expansion into base chemicals

October 28, 2007

Borouge said it was considering expanding its complex in the UAE to produce and market base chemicals. Borouge a joint venture between Denmark-based petrochemical group Borealis and Abu Dhabi National... View more

Exxon Mobil earnings boosted by chemicals

May 6, 2007

Exxon Mobil said rising profits from gasoline and chemicals sales drove its first-quarter earnings up over 10 per cent offsetting lower oil and gas prices. It was another massive profit for Exxon Mobi... View more

Chemicals rally and oil slide boost Sabic

January 31, 2007

Saudi Basic Industries Corp (Sabic) the world s largest petrochemical company by market value reported a record net profit in the fourth quarter as chemical and fertiliser prices rose and energy costs... View more

Adwan Chemicals in growth drive

October 3, 2004

InorganiC chemicals manufacturer Adwan Chemical Industries Company Limited (ACIC) is seeking to establish a significant presence in Africa Asia and the Pacific Rim. Established in Riyadh in 1992 and p... View more

Adwan Chemicals eyes growth

September 22, 2003

CEO reveals secrets of COMPANY S success Inorganic chemicals manufacturer Adwan Chemical Industries Company Limited (ACIC) is seeking to establish a significant presence in Africa Asia and the Pacific... View more

Sinopec planning boost to ailing chemicals business

September 2, 2002

Chinese oil giant Sinopec Corporation has said it would boost its ailing chemicals business a constant drag on profits by expanding output that should catch the top of the chemical cycle. But Sinopec ... View more

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