http://www.meed.com/rss/rss_meed_petrochemicals.xml en-uk Saudi giant to change covenants as subsidiary struggles to meet cash projections in deteriorating market. http://www.meed.com:80/news/2008/07/sabic_set_to_refinance_ge_plastics_debt.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/sabic_set_to_refinance_ge_plastics_debt.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 18 July 2008 07:38 http://www.meed.com:80/images/alamy-sabic-riyadh_resized_70_tcm24-1736931.jpg Echem postpones projects as engineering, procurement and construction costs push schemes over budget. http://www.meed.com:80/news/2008/07/costs_derail_egypts_petrochemicals_masterplan.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/costs_derail_egypts_petrochemicals_masterplan.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 17 July 2008 19:09 Libya’s state-owned National Oil Corporation (NOC) has signed two major deals with international partners to ensure the continuing flow of foreign investment into the country. http://www.meed.com:80/news/2008/07/libyas_national_oil_corporation_inks_jv_deal_extends_production_agreements.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/libyas_national_oil_corporation_inks_jv_deal_extends_production_agreements.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 17 July 2008 13:15 The US’ Dow Chemical Company and Kuwait’s Petrochemical Industries Company (PIC) have named their planned joint venture company K-Dow Petrochemicals (KDP). The new firm will be headquartered in the US state of Michigan. http://www.meed.com:80/news/2008/07/dow_petrochemical_industries_name_joint_venture.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/dow_petrochemical_industries_name_joint_venture.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 17 July 2008 11:41 Three groups have made technical bids to build a $1bn cracker at the planned petrochemicals complex at Mesaieed - the only such project likely to be awarded this year in the GCC. http://www.meed.com:80/news/2008/07/three_bid_for_1bn_contract_to_build_cracker_at_mesaieed.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/three_bid_for_1bn_contract_to_build_cracker_at_mesaieed.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 11 July 2008 16:19 The prospect of cheap materials could be enough to kick start Saudi Arabia's industrial diversification. http://www.meed.com:80/commentary/2008/07/saudis_plastics_industry_needs_a_boost.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/commentary/2008/07/saudis_plastics_industry_needs_a_boost.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD 11 July 2008 13:15 Riyadh encourages petrochemicals firms to hand on fuel subsidies to industry. http://www.meed.com:80/news/2008/07/saudi_petrochemicals_manufacturers_set_to_benefit_from_discounts_on_materials.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/saudi_petrochemicals_manufacturers_set_to_benefit_from_discounts_on_materials.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 11 July 2008 12:36 http://www.meed.com:80/images/man-climbing-stairs-in-petr_resized_70_tcm24-1711155.jpg Saudi developers are cutting back project portfolios as the lack of dollar availability pushes up the cost of funding. http://www.meed.com:80/petrochemicals/features/2008/07/saudi_projects_slow_as_dollars_dry_up.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/petrochemicals/features/2008/07/saudi_projects_slow_as_dollars_dry_up.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD James Gavin 11 July 2008 06:59 http://www.meed.com:80/images/Ras-Tanura_resized_70_tcm24-1710421.jpg A plastics industry hub will be established in King Abdullah Economic City (KAEC) under an agreement signed between Emaar The Economic City and Saudi Arabia's Savola Group. http://www.meed.com:80/news/2008/07/emaarec_signs_agreement_with_savola_group.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/emaarec_signs_agreement_with_savola_group.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Christopher Sell 10 July 2008 10:21 Over $5.4bn worth of contracts were awarded across the Middle East region up to 8 July, according to this selected checklist compiled from MEED reports. Check back at the end of the month for a full list of contracts awarded in July. http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/07/middle_east_contracts_awarded_july_2008.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/07/middle_east_contracts_awarded_july_2008.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Beverly Shemaine 09 July 2008 13:52 http://www.meed.com:80/images/CONTRACTS_resized_70_tcm24-1375056.jpg The Al-Khobar-based Raymond International Group has won contracts totalling more than $150m, to build infrastructure facilities in the kingdom. http://www.meed.com:80/news/2008/07/raymond_group_wins_saudi_contracts.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/07/raymond_group_wins_saudi_contracts.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 07 July 2008 13:20 Over $6bn worth of contracts were awarded across the Middle East region in June, according to this selected checklist compiled from MEED reports throughout the month. http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/06/middle_east_contracts_awarded_june_2008.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/contractawarded/contracts_awarded_monthly_round_up/2008/06/middle_east_contracts_awarded_june_2008.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Beverly Shemaine 16 June 2008 12:02 http://www.meed.com:80/images/CONTRACTS_resized_70_tcm24-1375056.jpg Cheap feedstock gives Middle East producers a competitive advantage as world economic growth slows. http://www.meed.com:80/power/features/2008/06/petrochemicals_capacity_grows_despite_slowdown.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/power/features/2008/06/petrochemicals_capacity_grows_despite_slowdown.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Richard Nield 27 June 2008 15:20 Qatar Petrochemical Company (Qapco) has issued to bid the tender documents for its planned low-density polyethylene plant (LDPE) at Mesaieed. http://www.meed.com:80/news/2008/06/qapco_issues_tenders_for_mesaieed.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/06/qapco_issues_tenders_for_mesaieed.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Christopher Sell 20 June 2008 18:05 The Jubail-based Saudi Arabian Fertiliser Company (Safco) is reviewing its plans to develop a fifth urea train at its Jubail fertiliser complex, after receiving just one commercial bid for the contract to build the facility. http://www.meed.com:80/news/2008/06/safco_receives_only_one_bid__for_urea_train.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/06/safco_receives_only_one_bid__for_urea_train.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 20 June 2008 17:19 Group will instead source ethylene and propylene from existing facilities. http://www.meed.com:80/news/2008/06/sipchem_shelves_plans_for_jubail_cracker_over_cost_fears.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/news/2008/06/sipchem_shelves_plans_for_jubail_cracker_over_cost_fears.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 20 June 2008 17:13 http://www.meed.com:80/images/200608-SPL-ethylene_resized_70_tcm24-1607140.jpg The Qatar Petroleum subsidiary is at the heart of the state's bid to diversify its petrochemicals sector. http://www.meed.com:80/qatar/features/2008/06/business_closeup_qatar_petrochemicals_company_key_to_states_diversification_plans.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/qatar/features/2008/06/business_closeup_qatar_petrochemicals_company_key_to_states_diversification_plans.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Perry Williams 20 June 2008 11:15 http://www.meed.com:80/images/Mohammed-al-Mulla_resized_70_tcm24-1608153.jpg There is more to Doha than just cash. Now Qatar hopes to get on the Olympics 2016 shortlist. http://www.meed.com:80/construction/lastword/2008/05/qatars_golden_moment_beckons.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/construction/lastword/2008/05/qatars_golden_moment_beckons.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Edmund O'Sullivan 25 May 2008 14:38 http://www.meed.com:80/images/olympic_resized_70_tcm24-1053644.jpg With ethane feedstock allocations running out, the region’s producers in the sector are exploring innovative ways to drive future capacity increases. http://www.meed.com:80/qatar/specialreport/2008/06/feedstock_shortage_hits_gulf.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/qatar/specialreport/2008/06/feedstock_shortage_hits_gulf.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 13 June 2008 12:31 http://www.meed.com:80/images/130608%20SP%20PETS%20benzene_resized_70_tcm24-1551659.jpg Despite having the world’s fifth-largest gas reserves, Abu Dhabi has been slow to develop its chemicals sector, but a planned £20bn-plus megaproject at Taweelah is the beginning of a major transformation. http://www.meed.com:80/uae/specialreport/2008/06/closing_the_gap_on_regional_giants.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD http://www.meed.com:80/uae/specialreport/2008/06/closing_the_gap_on_regional_giants.html;jsessionid=6962E1CBE49AF8FA321324DCBE773CCD Ed James 13 June 2008 13:03 http://www.meed.com:80/images/130608%20SP%20PETS%20CH3CHCH2_resized_70_tcm24-1551841.jpg