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Samsung Engineering wins Saudi contract
US-based Air Products and Chemicals and Samsung Engineering have won a contract for an air separation unit to supply National Industrial Gases Co. (NIGC), a subsidiary of Saudi Basic Industries Corporation (SABIC). The ASU will produce 3,550 tonnes per day of oxygen, 3,600 TPD of nitrogen, and 150 TPD of argon. It will be located at NIGC's facility in Al Jubail, Saudi Arabia, and is to be on-stream in 2011.
Emirates Glass' new coating facility goes online
Emirates Glass, a subsidiary of Glass LLC, wholly owned by Dubai Investments, has commenced operations of its new Dhs100m ($27.2m) glass coating line. The Terra G coating line is expected to boost EGL's manufacturing capacity threefold up to 3.5 million square metres of flat glass products per annum. The upgrade is part of an overall Dhs175m expansion programme, as the company relocates its entire operations to the Dubai Investments Park.
Iraq to negotiate debt repayment for aluminum firm
Iraq's Ministry of Finance has been authorized to negotiate a debt repayment schedule with the Bahrain-based Gulf Aluminum Rolling Mill Company, Aswat al-Iraq news agency has reported. The ministry will negotiate a schedule to repay $532.96m within 5 to 10 years.
SolarWorld to buy stake in UAE plant
Germany's third-biggest solar company by revenue, SolarWorld plans to take an up to $500m stake in a polysilicon plant in the UAE, Reuters has reported. The decision on the plant's location and the size of the stake would be decided by the end of the year, the firm's CEO, Frank Asbeck has said.
Yansab ships first ethylene glycol
Saudi-based Yanbu National Petrochemical Company (Yansab), an affiliate of Saudi Basic Industries Corporation has announced it has shipped its first ethylene glycol (EG) production of 5,000 metric tons from its EG plant in Yanbu Industrial City, being sold to European customers. The Yansab complex has eight plants with a total annual capacity of about 4 million metric tons of petrochemical products, the company has said in a statement.
Dammam 7 Petrochem inks Aker deal
Dammam 7 Petrochemicals has signed a programme management agreement with Aker Solutions for the Dammam 7 acrylic acid and acrylates complex to be built in the Jubail 2 Industrial area in Saudi Arabia. Under the agreement, Aker Solutions will provide pre-front end engineering and design and programme management services for the project. The complex will include a world scale acrylic acid plant, plants for the production of syngas, butanol, acrylic esters, together with integrated utilities and offsite facilities.
Fluor completes Qatar Ras Laffan project
Fluor Corporation, an engineering, procurement, construction, and maintenance services firm, has completed the RL3 Common Offplot Projects in Ras Laffan City, Qatar. The company's $1.5bn engineering, procurement and construction management scope for the common offplot facilities included power distribution, pipelines, storage tanks utilities and related equipment required to provide common storage and loading operations supporting numerous new LNG, gas-to-liquids and gas sales projects.
Tabreed faces lawsuit over nonpayment
Abu Dhabi-based National Central Cooling Company (Tabreed) is facing possible legal action by contractors for non-payment. Contractors have said Tabreed has withheld payments, seeking discounts for some completed projects. However, Sujit Parhar, the company's CEO said that the company faced liquidity issues and weaker than expected profitability in the current economic climate and is working towards a solution. 'I can assure you that Tabreed is paying and will continue to pay its contractors,' he told Reuters.
Arafa's reports $4.83m profit in quarter to July
Egypt's biggest garment exporter, Arafa Holding, has said its consolidated net profit had declined to $4.83m for the three months to July 31, Reuters has reported. The firm, which makes and retails garments in Egypt and Europe, said sales to its key British market had been hurt by a fall in the value of the British pound and by recession.
Emirates Steel inks $474m deal with Danieli
Emirates Steel Industries has signed a $474m contract with Italy-based Danieli Corporation for construction of phase II B of the company's overall $2.45bn expansion plan, Reuters has reported. Phase II B will produce heavy section beams, columns and sheet piles. According to the agreement, Danieli will be responsible for construction of a heavy section rolling mill with a production capacity of 1 million tonnes per year, which will add to Emirates Steel's total capacity by the end of 2011.
Jotun wins Egypt paint contract
Jotun Paints has secured a one million Egyptian pounds contract with Alexandria Governmental Bureau and Arab Contractors Company. The contract involves the delivery of 40 tonnes of white and yellow road marking paint, which are intended for the streets of Alexandria in Egypt. At present, Jotun Egypt has already supplied a total of 35 tonnes of paint, and is expecting to complete the delivery and paint works by the end of the year.
RHI gets UAE glass sector contract
Emirates Float Glass, wholly owned by Dubai Investments, has awarded Austria-based RHI a contract for the construction and supervision of a second float glass manufacturing facility in Abu Dhabi. The furnace will have a production capacity of 600 tonnes per day, destined for the automobile and mirror industries.
Qatalum awards vacuum sewarage contract to Corodex
Dubai-based Corodex Electromechanic has won the contract to build a vacuum sewerage system for the world's largest aluminium plant in Qatar. On completion, QatalumQatalum's smelter will be the largest aluminium plant ever constructed in a single phase. The project involves design, supply, and supervision of installation of vacuum sewerage system, supplied by Roediger Vacuum Gmbh.
Dabur to build second manufacturing unit in Egypt
Dabur, India's the fourth largest fast moving consumer goods (FMCG) firm, plans to set up its second manufacturing facility in Egypt to cater to the growing demand in Africa and neighbouring markets, according to India's daily Business Line. The proposed unit, which is likely to be completed by this year, would make personal care products, the company said.
ASAS to launch Qatar glass factory
ASAS, a Qatar-based newly established local promoter of small and medium industrial ventures with a capital of QR44.75m, is to establish Zujaj Company to manufacture laminated glass for use in the construction industry, Gulf Times has reported. The new plant, with an initial production capacity of 600,000 sq m of various types of glass, is estimated to cost QR30m and expected to start production by Q3 2010. Of the initial total production capacity, laminated glass will constitute 200,000 sq m; tempered glass 200,000 sq m; double-glazing glass 100,000 sq m and other glasses including coloured 100,000 sq m.
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