Page 1 - DMEA Week 45 2021
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Issue 515            11•November•2021                      Week 45






                    ™      Bids in for Aramco pipes


                            Bidders have submitted final offers for a minority stake in Saudi Aramco’s
                            gas pipeline business.


                    ™      Funding for Amad


                            Saudi-based Amad Chemicals Co. this week received a $1.3mn loan from
                            Aramco investment arm Wa’ed to finance the company’s expansion.

                    ™      A plea for SAMIR


                            Employees of Morocco’s lone refiner have reached out to the state to
                            intervene in the company’s long-running liquidation case.

                    ™      Fertiglobe announces Q3 result


                            The Fertiglobe JV between Dutch chemicals manufacturer OCI and
                            ADNOC this week announced a 2,000% increase in Q3 net profit.
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