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Industries Qatar Q1 profit surges to $714mPetrochemicals and metals company Industries Qatar (IQ) posted a 36.8 per cent rise in first-quarter net profit on Monday, beating analysts' expectations. The Gulf's second-largest chemical producer by market value after S More… |
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GCC petchem capacity 'to grow 50pc'The GCC petrochemicals and chemicals capacity is forecast to soar 50 per cent by 2020, according to Gulf Petrochemicals and Chemicals Association (G PER CENTA)'s latest annual database update. The updated database foresees the More… |
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GPIC registers solid Q1 growthBahrain-based Gulf Petrochemical Industries Company (GPIC) has achieved its targets in production, export and occupational safety for the first quarter of the year, said a report. Since a major maintenance at the plant carried out More… |
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Prioritising private sector growth in OmanWhen Oman unveiled a plan last year to build a large petrochemical complex alongside a $6 billion refinery in the southern coastal town of Duqm, officials hailed the project as a step towards diversifying income and creating jobs. More… |
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Arabplast records machinery deals worth $3bnArabplast 2013, the Middle East's premier trade show for rubber, plastics and plastic processing, concluded today in Dubai after recording machinery deals worth more than $3 billion, said organisers. The show attracted 30,000 More… |
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Top plastics, petchem expo opens in DubaiArabplast 2013, the Middle East's premier trade show for rubber, plastics and petrochemicals, opened today in Dubai, featuring a record number of 900 companies from 41 countries. The exhibition was inaugurated by Sultan Bin Sa More… |
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Arabplast to feature record 900 firmsA record number of 900 companies from 41 countries are participating in Arabplast 2013, the Middle East's premier trade show for plastics and petrochemicals, said event organisers ahead of the opening tomorrow in Dubai. Arabpl More… |
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Gulf petchem industry plans 2013 growth strategyGulf petrochemical producers are exploring opportunities to expand capacity, diversify production and realize the region’s full potential to meet oncoming challenges and opportunities, said an expert. The petrochemicals indu More… |
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Saudi plunges to 10-month low on Egypt worriesSaudi Arabia's bourse slumped to a 10-month closing low on Sunday as political turmoil in Egypt spooks investors mainly due to the Kingdom's heavyweight sectors - petrochemicals and banking. Saudi Basic Industries Corporat More… |
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Gulf petchem firms eye expansionGulf petrochemical producers are exploring opportunities to expand capacity, diversify production and realise the region's full potential, said Gulf Petrochemicals and Chemicals Association (GPCA) secretary-general Dr Abdulwahab Al Sadoun. More… |
