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Middle East

SABIC plans crude-to-chemicals facility in Saudi Arabia

Saudi Arabia may be the first country in the Middle East to see an operating oil-to-chemicals processing facility.
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Middle East chemical industry to benefit from strategic change

The chemical industry will be the fastest growing sector in the Middle East over the next three years, as businesses try to remain competitive by refocusing onto higher-value and niche products.
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GE, Saudi Aramco launch project to improve desalination technologies

Saudi Aramco and GE will award a $200,000 grant to the winners of a competition for the best desalination technology ideas that can lower costs and improve efficiencies.
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Report: Middle East oil & gas companies excel at risk management

The report examined the comparative risk quality of oil, gas and petrochemical facilities located in the Middle East, in comparison to more than 500 similar facilities globally.
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Total plans to tap into Iraqi petrochemical market

French oil company Total is exploring options to expand its presence in the Middle East and tap the growing local market by constructing a large petrochemical complex in Iraq.
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Middle East oil industry key for global growth, expert says

Part of the Western world is underestimating the importance of the Middle East as a result of the shale revolution in the United States but this may be too hasty a reaction.
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Israel's Teva to buy NuPathe for $144 million

Pennsylvania-based NuPathe specializes in therapeutics for diseases of the central nervous system (CNS), including neurological and psychiatric disorders.
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Iranian petrochemical industry faces challenges amid overcapacity, international sanctions

As international sanctions remain, Iranian petrochemical companies are facing contraction.
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Middle East to dominate new natural gas-processing capacity through 2017

The Middle East is set to outpace Europe and Africa in adding new capacity provided that Iran's industry is not stifled by international sanctions.
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Sabic plans US petrochemical investment

Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
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