Industry News
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Emirates Aluminium delivers its first cast metal
Saturday, January 16 2010
Emirates Aluminium (Emal) has announced the delivery of its first cast metal to clients worldwide. The first metal was cast into 650kg sow ingot. The company has said its cast house production will...
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Mani to expand GCC operations
Thursday, January 14 2010
Mani & Co. has announced plans to further expand its operations in the GCC region by mid-2010. In a bid to triple growth in sales in the region, the Dubai-based group has said that it is currently...
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Saudi businessman plans $60m plant
Wednesday, January 13 2010
Dr. Solaiman Al Twaijri, CEO of Saudi pipes manufacturer Amiantit, has announced plans to set up a pipe manufacturing facility in Bahrain, Gulf News Daily has reported. Amiantit will proceed with...
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Iraq's Wassit renovates factory
Wednesday, January 13 2010
Iraq's Wassit Public Co. for Textile Industries has said it has spent some $4m to renovate its cotton factory which currently produces 150 tonnes per day, Aswat al-Iraq has reported. The plant's...
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Saudi Fertilizers Q4 profit falls
Tuesday, January 12 2010
Saudi Arabian Fertilizers Co has said that a factory maintenance shutdown that cut output more than expected had caused its fourth-quarter net profit to drop by almost 30%, its lowest level in...
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Saudi Yamama Cement profit up 70%
Monday, January 11 2010
Saudi Yamama Cement Co, the kingdom's third largest cement producer, has said its fourth quarter profit has grown 70% to SR145m from SR85.1m in the same period last year, Reuters has reported. The...
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Saudi Kayan Petrochem bids revised
Sunday, January 10 2010
Saudi Kayan Petrochemical Co., a unit of Saudi Basic Industries Corp. (Sabic), has received revised bids from four international firms including US-based Fluor Corp to build its petrochemical plant...
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Iran opens Hormozgan aluminium plant
Sunday, January 10 2010
Iranian President Mahmoud Ahmadinejad has inaugurated the country's largest aluminium plant in the southern province of Hormozgan, Fars news agency has reported. The Iranian-Italian joint venture...
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Borouge opens sales unit in Guangzhou
Saturday, January 9 2010
Borouge, a joint-venture between Abu Dhabi National Oil Company and Austria-based Borealis, has announced the launch of a new subsidiary in Guangzhou, China, the Borouge Sales and Marketing...
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Jordan shoe manufacturers to lose government protection
Thursday, January 7 2010
Jordan's ministry of industry and trade has said that government protection of local footwear industries will be ceased from February 18, the Jordan Times has reported. The ministry has provided...