The Abu Dhabi National Energy Company (TAQA), has signed an agreement to buy a 40 per cent stake in Sohar Aluminium Company (SAC) from the Abu Dhabi Water and Electricity Authority (ADWEA) for US$400mn. SAC produces 360,000 tonnes of aluminium per annum and also owns and operates a 1,000 MW combined cycle captive power plant. SAC is a joint venture between the Oman Oil Company, ADWEA and Rio Tinto Alcan.
Manufacturing
30 per cent rise in melt shop capacity for Qatar Steel
An agreement between Qatar Steel and engineering and plant-building firm, Siemens VAI, will see Qatar Steels melt shop capacity go up by about 30 per cent following an ?upgrade project?. The deal covers the supply and installation of core equipment required for the upgrade and the project will also take care of the emissions through a sophisticated ?off-gas treatment system?.
ABB wins production plant order
ABB, the leading power and automation technology group, has won an order to provide electrical and automation equipment and related services for a new seamless-tube mill and pipe production plant in Al Jubail, Saudi Arabia.
p>ABB, the leading power and automation technology group, has won an order to provide electrical and automation equipment and related services for a new seamless-tube mill and pipe production plant in Al Jubail, Saudi Arabia.New wall system enjoys successful launch
REYNAERS MIDDLE EAST, the leading architectural aluminium solutions provider has successfully launched its latest Aluminum Fa?ade innovation the CW 65-EF, a practical time saving, economical and environment friendly unitized solution for the construction industry in the region.
p>REYNAERS MIDDLE EAST, the leading architectural aluminium solutions provider has successfully launched its latest Aluminum Fa?ade innovation the CW 65-EF, a practical time saving, economical and environment friendly unitized solution for the construction industry in the region.HADEED signs steel plant contract
SAUDI BASIC INDUSTRIES Corporation (SABIC) announced that its manufacturing affiliate, Saudi Iron and Steel Company (HADEED), signed an agreement with the Italian company, Danieli, for the construction of a steel plant and a production line for galvanizing long products in Jubail, Saudi Arabia.