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Middle East

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EBRD proposes $1.9m loan to upgrade water, wastewater services in Kyrgyzstan

Kyrgyzstan is set to receive a sovereign loan of up to EUR1.5 million ($1.9 million) to improve water supply and selected wastewater services in the southwest region of the country.
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Hitachi, Veolia to build pretreatment facilities for desalination plant in Iraq

Hitachi, Ltd. and Veolia Environnement have won a contract to build pretreatment facilities for a large-scale desalination plant in Basrah, Iraq.
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Petrochemical industry in Arabian Gulf region goes from strength to strength

The petrochemical and chemical industry in the Arabian Gulf region is showing strong growth, creating thousands of jobs and attracting multi-billion dollar investments.
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Saudi Aramco's chemical production is growing

Saudi Arabia's state-owned oil company, Saudi Aramco, is become a growing global competitor in chemical production, new analysis reveals.
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Abu Dhabi targets 100% wastewater reuse

Water resources in the Middle East are becoming increasingly scarce and governments are addressing the issue in a variety of ways.
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Kuwait looks to double power, desalination capacity

Kuwait's Ministry of Electricity & Water is hoping to more than double the country's power generating and desalination capacity by 2017 to meet growing demand.
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Emergency shutdown at polypropylene plant in Saudi Arabia

Saudi Arabian petrochemical producer Sahara Petrochemical Company announced on Sunday an emergency shutdown at its Al Waha Petrochemicals subsidiary, a producer of propylene and polypropylene (PP).
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Iran to offer incentives to foreign investors

Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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Kuwait plans to expand petrochemical operations

Kuwait is set to shift its focus onto petrochemical production and develop the industry to an extent that it accounts to 50 percent of the country's income generated from sectors other than oil.
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Iranian petrochemical traders stick to CFR deals to avoid payment troubles

Iranian traders of petrochemical products are seeking to avert potential payment troubles in Asia by pricing their deals on a cost and freight basis instead of using the freight on board method.
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