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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

Abu Dhabi to build new paper mill Subscription

14 April 2014, 8:24 GMT | By

Ittihad International Investment and ZonesCorp sign deal on 60,000-tonne paper mill

Oman invites financial adviser bids on Sohar petrochemicals complex Subscription

1 April 2014, 11:48 GMT | By

Interested companies given 6 May deadline to submit proposals on $3.6bn Sohar petrochemicals project

Lukoil studies Iraq petrochemicals plant Subscription

1 April 2014, 10:43 GMT | By

Lukoil feasibility study under way in Iraq for methane and methanol production from associated gas

Sabic and Shell award polyurethane plant design to KBR Subscription

19 March 2014, 8:45 GMT | By

New complex planned for Jubail could have budget of up to $3bn

QP downstream scheme to drive enterprise Subscription

18 March 2014, 7:50 GMT | By

Two new petrochemical projects to offer product slates to conversion industries at Ras Laffan

Total studies plans for Iraq petrochemicals complex Subscription

2 March 2014, 7:01 GMT | By

Preliminary agreement signed with Industry & Minerals Ministry in November 2013

Kuwait tenders major soil remediation deal Subscription

23 February 2014, 10:55 GMT | By

Work includes excavation and transport of oil-contaminated soil in northern Kuwait

Qatar Petroleum to build light manufacturing plant Subscription

12 February 2014, 11:22 GMT | By

Qatar Petroleum subsidiary Alwaseeta joins forces with South Korean consortium for new light-emitting diode light factory

Project bids

Bids in for $500m Sabic petrochemical plant Subscription

2 March 2014, 7:51 GMT | By

Four bidders remaining for joint venture project planned for Jubail in the Eastern Province

Partners tender $6.4bn Al-Karaana petrochemicals complex Subscription

20 February 2014, 9:14 GMT | By

Joint venture of Qatar petroleum and UK/Dutch Shell Group invites contractors to bid for two contracts

Award on Fujairah petrochemicals terminal expected by end of month Subscription

14 January 2014, 7:40 GMT | By

Local company to establish new storage hub on east coast of the UAE

Frontrunner emerges for military maintenance facility in Al-Ain Subscription

17 December 2013, 6:15 GMT | By

Construction of hangars is planned to start in January

Project awards

Tecnimont-Archirodon consortium selected for Egypt cracker complex Subscription

7 April 2014, 13:29 GMT | By

Carbon Holdings awards contract valued at $1.7bn-1.95bn to build utilities and offsite facilities

WorleyParsons wins Oman petrochemicals contract Subscription

30 March 2014, 11:17 GMT | By

Australian group to oversee development of polyester chemicals complex in Sohar

Oman awards two contracts on $3.6bn petrochemicals complex Subscription

24 March 2014, 5:46 GMT | By

CB&I and Engineers India pick up deals on Liwa Plastics’ design and project management

Sabic and Shell award polyurethane plant design to KBR Subscription

19 March 2014, 8:45 GMT | By

New complex planned for Jubail could have budget of up to $3bn

China Harbour awarded $205m Saudi port contract Subscription

11 February 2014, 10:55 GMT | By

Three new berths for phosphates city will be constructed at Ras al-Khair port in Eastern Province

Kaloti awards contract on $60m Dubai precious metals refinery Subscription

4 February 2014, 7:51 GMT | By

Local group United Engineering Construction picks up contract for gold and silver plant

Maaden awards $2.3bn of phosphates city contracts Subscription

7 January 2014, 11:00 GMT | By

Canadian and Asian contractors win total of three packages

Abu Dhabi signs $1bn-plus chemicals joint venture Subscription

7 January 2014, 8:49 GMT | By

Abu Dhabi’s Chemaweyaat and Singapore’s Indorama to push ahead with Tacaamol aromatics complex in emirate’s Western Region

Financing

Chinese to fund completion of Iran chemicals complex Subscription

14 April 2014, 9:20 GMT | By

Lordegan fertiliser chemicals project in Iran to be completed with $591m of investment from Chinese firms, claims report

Oman invites financial adviser bids on Sohar petrochemicals complex Subscription

1 April 2014, 11:48 GMT | By

Interested companies given 6 May deadline to submit proposals on $3.6bn Sohar petrochemicals project

Carbon Holdings aims to complete Egypt cracker financing by year-end Subscription

25 March 2014, 9:59 GMT | By

Private company aims to raise about $1bn from market after completing deals with banks and strategic partners

Yanbu Industrial City plans $61bn of investment Subscription

24 March 2014, 6:32 GMT | By

Industrial city plans massive outlay aimed at attracting downstream petrochemicals converters

Sabic delays acrylonitrile plant tender Subscription

20 March 2014, 5:56 GMT | By

Discussions ongoing with joint venture partners regarding budget

Downstream provides more jobs than megaprojects in Saudi Arabia Subscription

4 March 2014, 11:45 GMT | By

Conversion industries creates 1,750 jobs for every SR1bn invested

Qapco plans $330m debottlenecking plant Subscription

17 December 2013, 8:17 GMT | By

Qatari chemicals producer says new facilities will add 400,000 tonnes a year of production capacity at Mesaieed complex

Updates

Chinese to fund completion of Iran chemicals complex Subscription

14 April 2014, 9:20 GMT | By

Lordegan fertiliser chemicals project in Iran to be completed with $591m of investment from Chinese firms, claims report

Egypt ammonium nitrate plant due for completion in 2014 Subscription

24 March 2014, 10:40 GMT | By

Facility will be the first to produce the chemical in the Middle East and North Africa region

Sabic delays acrylonitrile plant tender Subscription

20 March 2014, 5:56 GMT | By

Discussions ongoing with joint venture partners regarding budget

Qatar Petroleum has feedstock for further chemicals expansion Subscription

18 March 2014, 8:29 GMT | By

State-owned oil company Qatar Petroleum eyeing investment opportunities that could use more feedstock

PetroRabigh conversion park reaches 90 per cent capacity Subscription

5 March 2014, 8:02 GMT | By

PlusTech expected to create 2,000 jobs in downstream industries

Sadara Chemical complex 40 per cent complete Subscription

4 February 2014, 9:52 GMT | By

Sadara Chemical complex will be the world’s largest single-phase integrated chemicals facility

Al-Sejeel expected to extend cracker submission dates Subscription

28 January 2014, 9:45 GMT | By

Technology providers and construction partners will be given more time to formulate bids

Qapco plans $330m debottlenecking plant Subscription

17 December 2013, 8:17 GMT | By

Qatari chemicals producer says new facilities will add 400,000 tonnes a year of production capacity at Mesaieed complex

Industry trends

March contract awards

Middle East contracts awarded: March 2014 Subscription

17 April 2014, 12:23 GMT

Over $12bn of contracts awarded in March in the Middle East

World sugar output 2010-11

Oversupply dampens sugar outlook Subscription

3 April 2014, 8:13 GMT | By

Regional producers are facing low prices, slowing demand growth and new competition

Middle East contracts awarded: February 2014 Subscription

20 March 2014, 12:58 GMT

Over $17bn of contracts awarded in February in the Middle East

Next stage: The second phase of the kingdom’s downstream industry will be much more complex

Rethinking Riyadh’s industrial plan Subscription

13 March 2014, 16:45 GMT | By

Senior voices in Saudi Arabia say a new approach to developing the downstream sector must be adopted

Kuwait

Kuwait’s year of progress Subscription

20 February 2014, 14:45 GMT | By

A new parliament has meant several high-profile contracts have now been awarded in the country

MEED Quality Awards

Deadline nears for MEED Quality Awards for Projects entries

21 January 2014, 5:48 GMT

The awards will once again look to recognise the projects executed with the highest quality

MEED Quality Awards

Focus returns to quality projects

2 January 2014, 11:36 GMT

The MEED Quality Awards for Projects will once again look to recognise the projects executed with the highest quality

Steel demand

Steel sector to see rising demand Subscription

31 December 2013, 8:47 GMT | By

Higher public spending is set to spur growth in demand, but challenges threaten the industry’s potential

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MEED comment

Dubai

SMEs to become more competitive

14 April 2014, 9:57 GMT | By

Several planned initiatives should improve conditions for SMEs

Refinery

Chemicals plan hits fuel hurdle

3 April 2014, 15:21 GMT | By

A planned oil-to-chemicals project in Yanbu has huge potential, but could be derailed by the amount of subsidised fuel it needs for power

Gasification

Jizan success to attract investors

27 March 2014, 14:33 GMT | By

While the gasification scheme is expensive, it could end up paying for itself very quickly

Change: Riyadh needs to coordinate its approach

Rebooting the industrial plan for Saudi Arabia

13 March 2014, 16:45 GMT | By

Saudi Arabia is embarking on the next phase of its industrialisation and will have to ensure development agencies are working in harmony

Petrochemicals

Firms line up for Al-Karaana complex

20 February 2014, 16:15 GMT

Petrochemicals scheme will be followed by a near-identical project. Focus will switch to the football World Cup after projects are finished

Food security

Gulf must rethink Africa food investment

20 February 2014, 15:46 GMT

If Gulf countries can invest in Africa at the same time as growing food, they may get a warmer welcome  

Steel

Qatar committed to Algeria plant Subscription

30 January 2014, 13:59 GMT | By

Joint-venture partners press ahead with $3.2bn steel facility and open doors for other investors

Manufacturing: Abu Dhabi is revising growth targets

A move in the right direction Subscription

12 December 2013, 15:09 GMT

Abu Dhabi is looking to increase the industrial sector’s contribution to economic growth and is pursuing a revised strategy

See all MEED commentary

Special reports

Petrochemicals

Petrochemicals: Evolution of the region’s plastics industry

19 February 2014, 15:02 GMT

Despite increasing product diversity, the Middle East petrochemicals sector must seek new markets in light of increased competition

Agriculture

Agriculture: Rethinking Gulf investment in African farms

17 February 2014, 12:50 GMT | By

To live in a GCC country is to rely on imported food

Youth unemployment rate 2000-2016

Private sector targets local talent Subscription

14 November 2013, 11:56 GMT | By

International firms working in the region are becoming increasingly aware that investment in educating and employing nationals will improve their chances of winning work

Petrochemicals

Petrochemicals: Riyadh leads project spending Subscription

24 October 2013, 14:20 GMT

The GCC’s petrochemicals industry has undergone massive expansion over the past half-decade

EPC

Engineering, Procurement & Construction 2013: Tapping the region's community

9 October 2013, 13:59 GMT

Welcome to Engineering, Procurement & Construction in the Middle East, sponsored by Arabtec and Samsung Engineering

Plastic bottles

Petrochemicals: Asian demand to drive Gulf industry Subscription

15 May 2013, 13:23 GMT

The Gulf’s petrochemicals industry is no longer on an unstoppable ascent

See all industry special reports

Presentations

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013, 8:50 GMT

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

Abu Dhabi petrochemicals plant

Future developments in Middle East petrochemicals Subscription

26 March 2012, 8:21 GMT

MEED’s exclusive subscriber-only online seminar on the petrochemicals sector in MENA outside of the GCC

See all MEED presentations

Top 10 projects

Q2 Rank Project Name Country Contract value ($m)
1 Jizan Economic City: Steel Plant: Phase 2 Saudi Arabia 2,000
1 Torbat Heydariyeh DRI Plant Iran 2,000
3 Aluminium Project: Ras Al-Khair Alumina Refinery Saudi Arabia 1,500
4 Mehdiabad Zinc Production Plant Iran 1,200
5 Iraq Energy City Iraq 1,000
6 Ras Laffan Polysilicon Plant Qatar 1,000
7 Mesaieed Meltshop Expansion Qatar 800
8 Yazd Pelletising Plant Iran 600
9 Aluminium Project: Ras Al-Khair Rolling Mill Saudi Arabia 590
10 Sohar Steel Complex Expansion: Phase 3 Oman 560
Click through to the full data table on the industry sector's biggest projects in execution
Click through to MEED's Q3 2013 Top 100 Projects report
Source: MEED Projects; Data compiled: October 2013e

Project trends

Gulf projects index

GCC growth pushes up projects market Subscription

13 March 2014, 6:46 GMT

Increases in Saudi Arabia and UAE ensure growth of overall index

Gulf projects index

UAE decline leads fall in Gulf index Subscription

27 February 2014, 6:53 GMT

Saudi Arabia, Bahrain and Kuwait only countries to record growth in projects market value

Gulf projects index

Sharp drop in Iran pulls down index Subscription

5 December 2013, 12:47 GMT

The Islamic Republic and Iraq record declines for second straight week

See all Gulf Projects Index articles

People

Abdul Rahman Saif al-Ghurair Subscription

Issue 43 28 October-3 November 2011

Abdul Rahman Saif al-Ghurair is chairman, Dubai Chamber of Commerce

Abdulla Jassim Kalban Subscription

Issue 17 27 April-3 May 2012

Abdulla Jassim Kalban is managing director and CEO, Emirates Global Aluminium

Abdullah al-Rubaian Subscription

22 August 2012, 8:17 GMT

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

Abdullah Alsogheyer Subscription

Issue 36 9-15 September 2011

Abdullah Alsogheyer is director of IT, Saudi Arabian Mining Company (Maaden)

Abdullatif al-Othman Subscription

Issue 6 10-16 February 2012

Abdullatif al-Othman is chairman, Saudi Arabian General Investment Authority

Abdulnasser al-Babtain Subscription

14 October 2013, 10:07 GMT

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

See all biographies

Tenders

Kuwait: Industrial noise measurement Subscription

18 April 2014, 20:08 GMT | By

Supply of industrial noise measurement equipment

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MEED events

Oman Projects 2014

Oman Projects Forum 2014

Reviewing Oman’s Project Market and upcoming Opportunities

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