Manufacturing and Industry

looking at the manufacturing and industry sector in the Middle East

Dow, Aramco in $26bn plant deal
Saudi Aramco and Dow Chemical announced its plans to build a petrochemicals complex in Saudi Arabia worth $26bn, Bahrain Tribune has reported. About 70% of the cost will be borrowed as the companies hired Royal Bank of Scotland Group and Riyad Bank to arrange for the financing.
Saudi Arabia: Saturday, July 05 - 2008 at 10:27

Alstom wins $3bn contract in Saudi
French engineering group Alstom has won a 1.9-billion-euro ($3bn) contract to build a plant in Saudi Arabia, reported Reuters. The company said delivery of the main elements is set for 2010.
Saudi Arabia: Thursday, July 03 - 2008 at 12:48

Carrier set to expand in Gulf
US-based Carrier Corporation, which provides heating, ventilation, air conditioning and refrigeration systems, plans to widen its portfolio of cooling products and expand into new sectors such as district cooling in the region, reported Gulf News. Aftab M Khan, Carrier's managing director for the Middle East Carrier plans to expand its offerings in the UAE with a suite of products that are energy efficient and environmental sustainable.
United Arab Emirates: Thursday, July 03 - 2008 at 09:19

Emke to build food processing facility
UAE-based Emke Group, which operates LuLu hypermarkets across the Gulf, plans to invest Dhs300m ($82m) in a meat and seafood-processing unit in Al Ain, UAE. Emke Group and a European poultry company, Rose Poultry, are jointly setting up this first-of-its-kind project.
United Arab Emirates: Thursday, July 03 - 2008 at 07:41

Taj Company to build factory in Jordan
The Taj Tobacco and Cigarettes Company plans to establish a factory to manufacture tobacco and cigarettes in the industrial park of the Ma'an Development Area in Jordan. The factory will be set up to accommodate a production capacity of up to 100 tons per month
Jordan: Wednesday, July 02 - 2008 at 09:04

Dupont inks deal with Nissan
DuPont has signed a three-year agreement with Nissan Middle East to supply DuPont's three leading refinish brands - Standox, Spies Hecker and DuPont Refinish - at the body repair facilities of all Nissan Service Centres across the Middle East. Under the terms of the agreement, DuPont Performance Coatings will be integrated into Nissan Middle East's full training program, which will be conducted at their headquarters in Dubai and extended throughout the regional network of Nissan Service Centres.
United Arab Emirates: Tuesday, July 01 - 2008 at 13:51

Abu Dhabi to invest $200bn in core sector
Abu Dhabi is planning to invest up to $200bn on infrastructure projects to cater to the needs of its growing population, the state-run Emirates News Agency (WAM) quoted Abdulraman Al-Tassan, chief executive of RAKAA Properties, as saying. He added the manufacturing sector was projected to continue to grow as mega projects in heavy and light industries, foodstuff industries and other non-oil manufacturing industries were launched in the emirate. The industrial boom, coupled with tremendous investment opportunities, will reduce reliance on oil revenue by 10% over the next 15 years, he said.
United Arab Emirates: Tuesday, July 01 - 2008 at 10:04

3M sets up in TechnoPark
TechnoPark has announced that 3M will set up a hi-tech manufacturing facility on a 40,000sqm property in TechnoPark. The facility will be under a long-term lease agreement and will be used in applied research and innovation across several sectors.
United Arab Emirates: Monday, June 30 - 2008 at 10:18