Italy-based Galperti Group, has signed an agreement with Saudi Arabias Al Shoaibi for a joint venture that will facilitate the establishment of a new manufacturing facility in Dammam
Manufacturing
Dhofar Steel to build large steel plant in Oman
The plant will produce one million tonnes of steel annually. (Image source: Csaba Moln?r)
Dhofar Steel has announced plans to build a US$400 million steel plant in Salalah in southern Oman
Aramco signs steel pipes contracts with SSP
Saudi Aramco has signed a series of contracts worth US$57mn with Saudi Steel Pipes (SSP) for the supply of welded steel pipes used in the lining of oil wells and gas pipelines
SABIC invites bids for its polyacetal plant
Saudi Basic Industries Corp (SABIC) has invited bids for the construction of a polyacetal plant at its affiliate Ibn Sina in Jubail
Emal to raise US$4 billion to finance expansion plans
Emirates Aluminium (Emal) is seeking to raise US$4bn to finance expansion, according to a banker familiar with the plan
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