Public Establishment for Industrial Estates (PEIE), Oman, will invest US$142.8mn on a range of projects to develop the infrastructure of the countrys various industrial estates.
Manufacturing
ABB wins five-year Oman Aluminum contract
ABB has won a contract worth US$9mn from Oman Aluminum Rolling Company (OARC) to develop, implement and execute all maintenance activities at the companys rolling mill plant in Sohar, Oman.
Largest polysilicon facility in region to be built in Saudi
Saudi-based Idea Polysilicon Company (IPC) has signed an agreement with Germanys Centrotherm Photovoltaic to help develop a US$1.06 billion industrial complex in Yanbu.
Emirates Steel's Mussafah Facility to use CCS
Masdar Carbon and the Abu Dhabi National Oil Company (ADNOC) have agreed to go head with a carbon capture (usage and storage) facility to be built adjacent to Emirates Steel complex at Mussafah.
Teco opens manufacturing facility in Saudi
Teco Middle East opened its first medium and high voltage electric motors manufacturing and servicing facility in Dammam, Saudi Arabia.