For full coverage of Middle East business, see MEED Egypt’s Tahrir Petrochemicals Corporation has mandated Societe General as financial advisor to the $5.9bn Tahrir Petrochemicals project. It will be Egypt’s largest petrochemicals complex once it is completed and will comprise…
Tag: petrochemicals
Iran seeks $85bn petrochemicals investment
Iran is seeking $85bn worth of investment in its under-performing petrochemicals sector, chairman of the petrochemical subcommittee of Iran’s parliament Moayed Sadr Hossein was quoted as saying by the official Fars news agency yesterday. Iran’s National Petrochemical Company (NPC) says…
Industries Qatar results below forecast: NBK
Second quarter income reported yesterday by Industries Qatar (IQ) was below expectations, according to National Bank of Kuwait (NBK). “(It) came in at QR 1,254m, which is significantly below our and the Bloomberg consensus expectations of QR 1,690m and QR…
Iranian petchems to EU still blocked; WSJ
Iranian petrochemical exports are still being blocked by the EU despite the easing of sanctions effective since the start of 2014, the New York daily The Wall Street Journal has reported. Abbas Shea’ri Moghaddam, Iran’s deputy oil minister for petrochemicals,…