Friday 6 March 2015
 
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petrochemical

Kuwait Styrene posts $126m profit

The Kuwait Styrene Company (TKSC) recorded a net profit of $126 million for the fiscal year ending December 31, 2014, down $54 million compared to the previous year. TKSC board chairman Hadi Abul said: “As the only Kuwaiti p

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Al-Benyan named new Sabic CEO

Saudi Basic Industries Corp (Sabic) said on Sunday it has named Yousef Abdullah Al-Benyan as its new chief executive officer, replacing outgoing head Mohamed Al-Mady. Al-Benyan was named executive vice president of corporate finan

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Advanced Petrochemical to shut production for maintenance

Saudi Arabia's Advanced Petrochemical plans to shut its propylene and polypropylene plant in March for three weeks for scheduled maintenance, the company said. The plant, in Jubail on the Gulf coast of Saudi Arabia, will go off

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Equate begins work on new headquarters

Equate Petrochemical Company, Kuwait’s first international petrochemical joint venture, today held the groundbreaking ceremony for its new headquarters in Ahmadi City. The event was held under the patronage of Ahmadi Governo

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Equate begins work on new headquarters

Equate Petrochemical Company, Kuwait’s first international petrochemical joint venture, today held the groundbreaking ceremony for its new headquarters in Ahmadi City. The event was held under the patronage of Ahmadi Governo

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Equate Petrochemical posts $1bn profit

Equate Petrochemical Company, Kuwait’s first international petrochemical joint venture, posted a decline in net profit to $1.04 billion for the fiscal 2014, compared to $1.245 billion achieved in 2013. “Taking into con

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Equate Petrochemical posts $1bn profit

Equate Petrochemical Company, Kuwait’s first international petrochemical joint venture, posted a decline in net profit to $1.04 billion for the fiscal 2014, compared to $1.245 billion achieved in 2013. “Taking into con

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Print, petchem industries see robust growth in GCC

The plastics, petrochemical, printing and packaging industries in Saudi Arabia and the rest of the GCC are seeing robust productivity growth, according to an expert. Kamil Al-Jawhari, project manager of Saudi Print & Pack and

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Industries Qatar Q4 net profit slips 4.2pc

Petrochemicals and metals company Industries Qatar (IQ) has posted a 4.2 per cent decline in fourth-quarter net profit, just below analysts' forecasts. The Middle East's second-biggest petrochemicals company by market valu

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Dow, RSA-TALKE sign key petchem storage deal

Dow and RSA-TALKE have signed a deal for the storage of petrochemical produced that will be marketed by Dow from Sadara Chemical Company, a joint venture of Dow and Saudi Aramco, in Saudi Arabia. The joint venture for chemical log

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