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Industry

Middle East industry news, analysis, tenders, contracts awarded, commentary and data. Keep up to date by signing up to MEED's industry newsletter. If you are not a subscriber but need access then subscribe to the region's leading business intelligence service now
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New projects

Petrochemicals

Companies prequalified for Liwa Plastics Subscription

4 February 2015 | By

Tenders for $3.6bn petrochemicals project expected to be floated in coming weeks

Petrochemicals industry

Iraq to invest in $11bn petrochemicals complex Subscription

1 February 2015 | By

Shell-backed cracker project could be completed in five to six years

Biscuit factory

Mondelez International to build $90m biscuit factory in Bahrain Subscription

19 January 2015 | By

US food giant to employ 300 people at new facility under construction at Hidd

Wastewater treatment

Qatar tenders third phase of industrial wastewater scheme Subscription

15 December 2014 | By

Pre-contract design and consultancy bids due on 11 January

Project bids

Ras al-Khair Industrial City is being developed to focus on minerals and metals products

Royal Commission to tender $1bn of Ras al-Khair deals Subscription

25 February 2015 | By

Industrial city being developed to focus on minerals and metals products

Bid deadline delayed on Tacaamol package

Bid deadline delayed on Tacaamol package Subscription

22 January 2015 | By

Client sets technical bid date for offsites and utilities package but no timeline for commercial proposals

GCC petrochemicals awards

Bids submitted for Abu Dhabi aromatics chemicals complex Subscription

4 November 2014 | By

Tacaamol receives technical proposals on main package for Ruwais project

Sabic has given international contractors until 2 November to submit tenders for its planned acrylonitrile plant

November deadline for Sabic acrylonitrile plant tender Subscription

13 October 2014 | By

Three contractors bidding for long-awaited petrochemicals scheme

Project awards

Petrochemicals industry

Qafco awards maintenance deal Subscription

3 February 2015 | By

Joint venture comprises Qatar Petroleum and GE Oil & Gas

Suez Environnement wins Muscat waste facility deal

Suez Environnement wins Muscat waste deal Subscription

25 January 2015 | By

French group’s subsidiary will expand capacity of facility to 400,000 tonnes

Aluminium smelter

GE wins services deal on Abu Dhabi aluminium smelter turbines Subscription

27 November 2014 | By

US group awarded long-term contractual services agreement from Emirates Global Aluminium

KBR to design Petrokemya butadiene plant expansion

KBR to design Petrokemya butadiene plant expansion Subscription

11 November 2014 | By

Project will debottleneck and expand capacity of petrochemicals facility at Jubail

GCC aluminium production

Petrofac consortium wins deal on Abu Dhabi alumina refinery Subscription

22 October 2014 | By

Emirates Global Aluminium raw materials project expected to be completed by end of 2017

Al-Sawfa Cement awards $127m plant deal

Al-Sawfa Cement awards $127m plant deal Subscription

22 October 2014 | By

Germany’s ThyssenKrupp Industrial Solutions wins deal to build production line

caustic soda

Nuberg wins deal to expand Abu Dhabi caustic soda plant Subscription

13 October 2014 | By

Indian group awarded $15m contract by project owner Al-Ghaith Industries

Financing

Al-Waha Petrochemical completes refinancing

Al-Waha Petrochemical completes refinancing Subscription

21 January 2015 | By

Refinancing done via $523m Islamic facility

Shipbuilding industry

Zakher Marine wins bank funding for shipbuilding Subscription

26 November 2014 | By

Abu Dhabi-based company signs $420m deal

Carbon Holdings is in negotiations with the UAE government over a $400m investment in its giant Tahrir petrochemicals complex

Carbon Holdings negotiates $400m UAE investment Subscription

29 October 2014 | By

Planned Tahrir petrochemicals project will involve almost $5bn in construction contracts

Orpic pushes forward with Liwa Plastics Project

Orpic pushes forward with Liwa Plastics Project Subscription

21 October 2014 | By

Financial adviser confirmed on Oman petrochemicals scheme

Updates

Petrochemicals plant

Chemanol scrap plans for new plant at Jubail Subscription

23 February 2015 | By

Local petrochemicals producer will not press ahead with sulfonated naphthalene formaldehyde plant

Petchems

Saudi Kayan plans shut down Subscription

2 February 2015 | By

Jubail-based petrochemicals producer will carry out scheduled maintenance in February and October

Suez Environnement wins Muscat waste facility deal

Suez Environnement wins Muscat waste deal Subscription

25 January 2015 | By

French group’s subsidiary will expand capacity of facility to 400,000 tonnes

Bid deadline extended for $6.4bn Al-Karaana complex

Bid deadline extended for $6.4bn Al-Karaana complex Subscription

8 October 2014 | By

Qatar Petroleum and Shell give consortiums more time to formulate tenders

GCC polymers exports

Kuwait revives Olefins 3 plans Subscription

8 October 2014 | By

Multibillion-dollar petrochemicals project sees new momentum

Industry trends

Ethylene production costs

Oil price drop will lower GCC petrochemicals margins Subscription

15 February 2015 | By

Regional producers will face stronger competition from naphtha-based crackers in Asia and Europe

Ten richest Mena billionaires

The Middle East’s missing billionaires Subscription

3 February 2015 | By

A lack of world-beating entrepreneurs doesn’t bode well for the region’s economic development

Samir Brikho, CEO, Amec Foster Wheeler

Amec Foster Wheeler sets sights on Saudi Arabia Subscription

20 January 2015 | By

CEO of the newly formed company, Samir Brikho speaks to MEED

Major Middle East Gold Production

Region increases gold output Subscription

4 January 2015 | By

Saudi Arabia and Sudan lead growth in gold production

The GCC steel industry has entered a new phase

A new game plan for steel Subscription

22 December 2014 | By

The fall in oil prices has forced GCC steel producers to accept that expansion is not the only way forward

Petrochemicals sector

GCC petrochemicals production doubled since 2005 Subscription

4 December 2014 | By

Six-country bloc produced more than 140 million tonnes of petrochemicals in 2013

Middle East contracts October 2014

Middle East contracts awarded: October 2014 Subscription

1 December 2014

Over $13bn of contracts awarded in October in the Middle East

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Filter all industry analysis by country

MEED comment

Qatar makes hard decisions on petrochemicals

Qatar makes hard decisions

20 January 2015 | By

Cancelling the Al-Karaana petrochemicals project is a big decision, but sends an ominous warning to contractors

No other commodity is more closely linked to global economics as steel

Ensuring a fair market for steel Subscription

22 December 2014 | By

Legislation is vital to safeguard one of the region’s most important heavy industries

Aluminium industry

Saudisation challenge continues for Maaden Subscription

18 December 2014 | By

Hiring local nationals at industrial sites has been slow

Jubail Industry City in Saudi Arabia

Unlocking the kingdom’s potential Subscription

18 December 2014 | By

The success of Ras al-Khair should give more remote cities confidence to develop

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

Offshore oil rig

Choosing the right model Subscription

11 December 2014 | By

International contractors are still willing to take all the risks

Oman plastics drive

Liwa Plastics a milestone for Oman diversification Subscription

30 October 2014 | By

Sohar megaproject receives first major industrial gas allocation for almost a decade

Oil-to-chemicals offers solution on an epic scale

Oil-to-chemicals offers solution on an epic scale Subscription

9 October 2014 | By

New petrochemicals venture could provide jobs and insulation from oil shocks for the whole region

See all MEED commentary

Special reports

Opec secretary-general Abdullah al-Badri

Opec sets the tone for 2015

15 December 2014 | By

Regional producers are not about to cut oil production and the assumptions that have underpinned forecasting in recent years have to be revisited

Defence

Defence: Middle East steps up military spending Subscription

5 November 2014

Military spending among the Gulf states has been climbing steadily over the past decade or so in response to changing geopolitical threats

Petrochemicals

Petrochemicals: Sabic tests oil-to-chemicals Subscription

9 October 2014

Middle East producers can no longer ignore streams outside the established ethylene and propylene product chains

Industry

Middle East Industry Report: Region seeks to boost jobs Subscription

1 July 2014

Efforts are under way to drive job creation through industrial diversification

See all industry special reports

Presentations

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013

There are more than $220bn-worth of projects planned or under way in Qatar, as it pushes forwards with major infrastructure developments

See all MEED presentations

Top 10 projects

Q2 Rank Project Name Country Contract value ($m)
1 Aluminium Project: Ras Al-Khair Alumina Refinery Saudi Arabia 1,500
2 Ras Laffan Polysilicon Plant Qatar 1,000
3 Iraq Energy City Iraq 1,000
4 Ain Sokhna Steel Plant Egypt 475
5 Jizan Economic City: Pig Iron & Titanium Dioxide Plant Saudi Arabai 458
6 High Pressure Oxidation Line (HiPOL) Saudi Arabia 458
7 Suez Direct Reduction Iron Plant Egypt 400
7 Hail Integrated Poultry Processing Plant Saudi Arabia 400
7 Sulaimaniyah Smelter & Steel Plant: Phase 2 Iraq 400
7 Khorasan Pelletising Plant Iran 400
Click through to the full data table on the industry sector's biggest projects in execution
Click through to MEED's Q3 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: November 2014

Project trends

Gulf projects index

Gulf index slides on low oil prices Subscription

9 February 2015

Iraq and UAE only countries to record strong growth in projects markets

Gulf projects index

Gulf index records modest growth Subscription

13 January 2015

Saudi Arabia’s projects market sees sole decline in region

Gulf Projects Index

Iran records biggest decline in five years Subscription

6 January 2015

Islamic Republic sees $15.8bn wiped off projects market

See all Gulf Projects Index articles

People

Abdullah al-Rubaian Subscription

22 August 2012

Abdullah al-Rubaian is chairman, Arabian Agricultural Services Company (Arasco)

Abdulnasser al-Babtain Subscription

14 October 2013

Abdulnasser al-Babtain is general manager, Saudi Basic Industries Corporation

Abdulrahman al-Hamidy Subscription

23 September 2013

Abdulrahman al-Hamidy is director, Sagia

Abdulrahman al-Suwaidi

22 February 2015

Abdulrahman al-Suwaidi is chief executive officer (CEO), Oryx GTL

Abdulrahman F. Al-Wuhaib

Abdulrahman F. al-Wuhaib

20 February 2014

Abdulrahman F. Al-Wuhaib

Abdulraouf Mannaa Subscription

22 August 2012

Abdulraouf Mannaa is managing director and CEO, Savola Group

See all biographies

Tenders

Iran: Butyl chloride Subscription

1 March 2015 | By

Supply of butyl chloride

Filter all industry tenders by country


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MEED events

Saudi Mining & Minerals 2015 Symposium

Saudi Mining & Minerals 2015 Symposium

Designed to highlight the full spectrum of opportunities within the entire value chain of the mining industry in Saudi Arabia

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