National Agricultural Development Company (NADEC) has agreed to acquire 100% of Al Safi Danone (ASD) for an undisclosed price to consolidate its position in Saudi Arabian dairy market. ASD is a joint venture between the Saudi Arabia-based ...
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
Najran Cement Company has announced that it has signed a three-year contract with Chinese company CEIC to operate and maintain its third production for a three-year period. The new line, which is still being built, is expected to come ...
Tags: Najran Cement, Cement
Northern Region Cement became the 13th cement company to list on the Saudi stock exchange on Tuesday and its shares enjoyed a healthy rise following its market debut. The company, which is based in the northern city of Arar, listed over ...
New paraxylene capacity of 2.6 million mt/year and benzene capacity of 820,000 mt/year will be built in Saudi Arabia over the next four years by Saudi Aramco, a source close to the state company said Tuesday. These aromatics capacities ...
Tags: Saudi Aramco, Benzene, paraxylene
Saudi Arabia's Methanol Chemicals Company or Chemanol is considering setting up several new specialty chemical projects over the next four to five years,company CEO Khalid Ibrahim Al Rabiah said Wednesday. Most will use methanol or ...
The Saudi stock exchange s cement index climbed almost 6% yesterday to smash the 4,000 mark for the first time in almost seven months, with some suppliers making the biggest gains of the year. The measure for the companies selling the ...
Tags: Cement, Yamamah Cement, Qassim Cement, Yanbu Cement
Saudi Arabia's Sahara Petrochemicals Company said late Thursday that its subsidiary Sahara and Maaden Petrochemicals Company, or Samapco, has secured a loan worth Saudi Riyals 1.98 billion ($528.2 million) from a consortium of Saudi banks. ...
Tags: Samapco, Petrochemicals, caustic soda
City Cement has revealed that the breakdown caused by a technical failure at its second mill could lead to it losing sales of up to $13.3m (SR: 50m). In a statement to the Saudi stock exchange yesterday, the firm said that it could take up ...
Tags: market view, cement